INFRASTRUCTURE
Hutchison wins Ningbo port race
Beijing approval vital for go-ahead as port operator considers
investment of nearly $1b
Winston Yau and Ben Kwok
Hutchison Whampoa has won a bid to buy a 49 per cent stake in
a container terminal in one of China's leading ports.
The acquisition, in Beilun port in Ningbo city, neighbouring Shanghai,
is subject to government approval which port officials hope will
come this year.
If approved, the deal should clear market
...... Read more on South China Morning Post
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