Blackrock is part of a deal to buy the ports back along with others. China has threatened to block the deal. If it goes through, an American company will own the majority of the ports as part of the deal. Though that company will be Blackrock...
Ṭhe tycoon's empire is in the crosshairs after CK Hutchison Holdings chose to sell its port assets to a consortium that includes BlackRock Inc., apparently angering Beijing.