💨 Abstract

Beijing's criticism of Hong Kong conglomerate CK Hutchison's sale of its ports business to a BlackRock-led consortium, including assets near the Panama Canal, is a precursor to heightened political scrutiny of Chinese business divestments to American buyers, as per analysts. This scrutiny is likely to extend to the possible sale of TikTok's U.S. assets, owned by Chinese firm ByteDance.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖