Independent journal on economy and transport policy
19:11 GMT+2
Hutchison wins Ningbo port race
(South China Morning Post)
March 21, 2001
INFRASTRUCTURE Beijing approval vital for go-ahead as port operator considers investment of nearly $1b
Winston Yau and Ben Kwok
Hutchison Whampoa has won a bid to buy a 49 per cent stake in a container terminal in one of China's leading ports.
The acquisition, in Beilun port in Ningbo city, neighbouring Shanghai, is subject to government approval which port officials hope will come this year.
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