Foreign Ministry Spokesperson Guo Jiakun addressed questions during a regular press conference today (April 28).
When asked about a Wall Street Journal report citing insiders claiming that the Chinese central government had indicated to CK Hutchison Holdings that selling ports other than the Panama Canal port would not pose issues, Guo responded:
"We have noted the relevant report. The State Administration for Market Regulation has stated it will conduct a review of the transaction in accordance with the law, emphasizing that parties involved must not circumvent the review through any means. The transaction cannot proceed with concentration prior to approval, or they will bear legal liability. China consistently and firmly opposes any acts of economic coercion, bullying, or practices that infringe on the legitimate rights and interests of other nations. We urge all parties to act prudently and engage in full communication with relevant Chinese authorities."
"At the same time," Guo added, "we reiterate China's commitment to reform and opening-up. We welcome foreign enterprises to invest in China and contribute to mutually beneficial cooperation."
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