Concerns Over National Security, US Coercion, and the Role of Business in a Globalized World

Chinese Authorities Investigate CK Hutchison's Port Sale

The Chinese Foreign Ministry spokesperson, Mao Ning, responded to media reports about Chinese authorities investigating CK Hutchison's sale of its overseas ports. While declining to confirm or provide details, she emphasized China's opposition to moves that infringe on other countries' rights through economic coercion and bullying.

Hong Kong Government Opposes Coercion in International Trade

Hong Kong Chief Executive John Lee expressed concern over the public discussion surrounding CK Hutchison's decision to sell its ports. He emphasized the HKSAR government's expectation of a fair and just environment for businesses, including Hong Kong enterprises, and its opposition to coercion in international economic and trade relations.

Opinion Pieces Question CK Hutchison's Decision

Two opinion pieces published in Hong Kong-based Ta Kung Pao questioned the rationale behind CK Hutchison's decision. They raised concerns about the potential transfer of important ports to the US and the implications for national security. The articles also criticized the deal as a hegemonic act by the US, using its power to usurp other countries' rights.

Businessmen Should Prioritize Their Country

Leung Chun-ying, Vice Chairman of the CPPCC National Committee, questioned whether businessmen have a motherland. He argued that businessmen without a motherland face bullying and emphasized the importance of prioritizing one's country. He pointed out that American businessmen act in alignment with US interests, and this applies to other nations as well.

Deal Poses Threat to National Interests

Lau Siu-kai, a consultant to the Chinese Association of Hong Kong and Macau Studies, expressed concern that the deal could pose a threat to national interests and security, considering the US's efforts to undermine China's shipbuilding industry and Belt and Road Initiative. He urged companies to consider the international landscape and national well-being before making business decisions.