Experts say Hutchison, part of tycoon Li Ka-shing’s empire, is now caught in a dilemma and might end up being punished by both the United States and China.
Hutchison, part of Li Ka-shing's empire, faces a dilemma regarding its Panama Canal ports deal following Beijing's veiled criticism. Experts believe Beijing is pressuring Hutchison to alter the deal in China's favor, potentially to protect the Belt and Road Initiative. Hutchison risks repercussions from both the US if it backs out and China if it proceeds without adjustments.
