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China criticizes sale of CK Hutchison ports to U.S., raising tensions over TikTok's potential U.S. asset sale.
China's criticism of CK Hutchison selling its ports business to a U.S.-led consortium signals increased scrutiny of Chinese firms selling assets to American buyers.
This scrutiny may affect the potential sale of TikTok's U.S. assets, owned by ByteDance.
The move reflects growing economic tensions between China and the U.S., with Beijing showing discontent over perceived U.S. pressure on Chinese businesses.
5 weeks ago
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