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Ta Kung Pao Op-Ed Urges CKH to Halt Port Sale to Avoid Further Missteps
2025-04-24 10:01:55 An opinion piece in Ta Kung Pao titled “CKH Must Not Repeat Its Mistakes (literal translation of “長和切莫一錯再錯”)” accused CKH of attempting to deflect public concerns over its recent port sale by suggesting the buyer will be “adjusted” to an Italian shipping tycoon’s group. The article said CKH attempted to calm public concerns by using the appearance of “non-U.S. buyers”, but the fact is that the U.S. still seized the control of the Panamanian ports. The piece argued that, facing widespread public skepticism and criticism, CKH has repeatedly resorted to public relations tactics, leaking information through media to obscure the fact of U.S. control, downplay significant national security implications, and shift focus from the transaction’s core issues. The author described the company as stubbornly misguided, compounding its errors. Highlighting the economic and strategic security implications of the port sale, the article asserted that the Chinese government will not stand idly by and has sufficient measures to respond. It noted that the State Administration for Market Regulation already launched an investigation, with many more tools available in the “policy toolbox”, ensuring the matter will not end up with nothing definite. ~ AAStocks Financial News Web Site: www.aastocks.com | |