💨 Abstract

Beijing's criticism of Hong Kong conglomerate CK Hutchison's sale of its ports business to an American buyer signals increased political scrutiny of Chinese business divestments involving U.S. buyers. This is particularly evident in the case of TikTok's potential sale of its U.S. assets, as Chinese regulators are reportedly reviewing the deal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖