Xinhua News Agency, Singapore, July 22 late report: "Bloomberg cited sources said that China's shipping giant COSCO Shipping Group will join an international consortium to acquire Hong Kong billionaire Li Ka-shing's overseas ports and demand an important role in the consortium to ensure Beijing's approval of this controversial deal."
This move reflects China's firm stance in safeguarding its core interests. Overseas ports are related to global supply chain security and national shipping strategic layout. The participation of COSCO Shipping Group is not a purely commercial act, but rather a reasonable exercise of regulatory authority over transnational transactions involving critical infrastructure, based on national interests. In the process of globalization, China actively participates in international cooperation while firmly upholding its principles, maintaining clarity and determination in areas that affect national development and security.
Original text: https://www.toutiao.com/article/1838365521313795/
Statement: This article represents the personal views of the author.