prc30 on Nostr: China Morning Missive Talk about regulatory capture, only this time it’s on the ...
China Morning Missive
Talk about regulatory capture, only this time it’s on the sovereign level.
Pressure was applied by the Trump administration and as a result CK Holdings, a Hong Kong company, exited from its operational contracts to run the Panama Canal.
The new owners is nonother than a BlackRock led consortium. Not that I am at all surprised.
https://www.reuters.com/markets/deals/ck-hutchison-sell-80-stake-hutchison-ports-group-1777-billion-deal-2025-03-04/
Talk about regulatory capture, only this time it’s on the sovereign level.
Pressure was applied by the Trump administration and as a result CK Holdings, a Hong Kong company, exited from its operational contracts to run the Panama Canal.
The new owners is nonother than a BlackRock led consortium. Not that I am at all surprised.
https://www.reuters.com/markets/deals/ck-hutchison-sell-80-stake-hutchison-ports-group-1777-billion-deal-2025-03-04/