In a recent press briefing on Monday, China reiterated its steadfast opposition to economic coercion and hegemonic practices that undermine the legitimate rights and interests of nations. Foreign Ministry spokesperson Guo Jiakun addressed concerns following reports of CK Hutchison Holdings Limited's planned sale of select port assets to a BlackRock-led group.
Guo emphasized that the State Administration for Market Regulation is closely reviewing the deal in accordance with the law, ensuring that fair market competition is maintained and public interests are protected. This review reflects a broader commitment to uphold a level playing field and counter any measures designed to pressure or bully other nations.
The stance has resonated with a diverse global audience—from young innovators and business professionals to thought leaders and changemakers—who value transparency and fairness in international economic relations. In an era of rapid globalization, such measures are seen as essential for fostering ethical business practices and sustainable growth in emerging markets.
Ultimately, this move underscores China’s long-standing commitment to ensuring that economic policies promote a balanced and competitive market environment, offering a timely reminder of the importance of mutual respect in global trade.
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China reiterates opposition to economic coercion, hegemonism
cgtn.com
