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The agreement totaled $22.8 billion. The port assets of CK Hutchison will be overseen by a dedicated infrastructure division of BlackRock known as Global Infrastructure Partners (GIP), along with the Swiss fund Terminal Investment.
Certain media organizations viewed the agreement as a “win for Donald Trump,” who asserted that “China operates the Panama Canal” and vowed to “return the canal to us or else something very significant will occur.”
The American fund BlackRock is among the biggest private investment funds globally. Established in 1988, it currently manages assets amounting to approximately $11.5 trillion.
source: reuters.com
Certain media organizations viewed the agreement as a “win for Donald Trump,” who asserted that “China operates the Panama Canal” and vowed to “return the canal to us or else something very significant will occur.”
The American fund BlackRock is among the biggest private investment funds globally. Established in 1988, it currently manages assets amounting to approximately $11.5 trillion.
source: reuters.com
