Media: BlackRock believes that China will approve the sale of Panama ports
According to sources from BlackRock, reported by the "New York Post", the US investment company BlackRock believes that the Chinese government will not ultimately oppose the acquisition of two strategic ports at the Panama Canal by a US consortium led by it, and this deal will be reached.
Previously, media reports said that Hong Kong's CK Hutchison would not sign the agreement to sell its two strategic ports at the Panama Canal because the Chinese government had announced an antitrust review for this transaction. The signing was originally scheduled for April 2nd.
The media wrote: "BlackRock employees privately say they are not too worried. They pointed out that the message about the official signing of the deal on Wednesday should be ignored. The actual completion deadline is the 'full review' period of 145 days starting from the announcement of the acquisition on March 4th... BlackRock has anticipated potential problems from the Chinese side and has incorporated these risks into the transaction timeline. They believe that approval from the Chinese side can be obtained within this time frame."
Original article: https://www.toutiao.com/article/1828526172475402/
Disclaimer: This article only represents the views of the author.