China to Review CK Hutchison's Panama Canal Ports Sale to US-Led Consortium

Hong Kong, March 28, 2025 - China's market regulator will review CK Hutchison's $19 billion sale of Panama Canal ports to a US-led consortium, according to a Beijing-backed newspaper. The State Administration for Market Regulation stated it will conduct a review to protect fair market competition and public interest. The deal, involving the offloading of global ports outside China, faced criticism from Chinese government offices overseeing Hong Kong affairs, following pressure from US President Donald Trump. The April 2 signing is now postponed, according to the South China Morning Post. CK Hutchison has not yet responded to the criticism.