China’s Cosco Eyes Veto Rights in Deal for Li Ka-shing’s Ports
China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and is requesting a powerful role in the group in order to secure Beijing’s blessing for the controversial deal, people familiar with the matter said. State-owned China Cosco Shipping Corp. is asking to have veto … Read more