China is pushing for state-owned 
Cosco to be an equal partner and shareholder of the ports with 
BlackRock and international shipping line Mediterranean Shipping Company (MSC); officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block Hutchison’s proposed sale.
BlackRock and MSC in March reached a preliminary agreement to buy the ports in a deal valued at nearly $23 billion.
Now, BlackRock, MSC and Hutchison all are open to Cosco’s taking a stake.
wsj.com/business/logis
Quote
Byron Wan
@Byron_Wan
State Administration for Market Regulation responds to WSJ’s Apr 16 article (wsj.com/business/logis) that CK Hutchison plans to split the sale of its overseas port assets into two separate deals to advance the transactions:
"We are highly concerned about the transaction and