China has promised to take all necessary measures to protect the rights of Chinese companies in connection with Panama's cancellation of the port contract.

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Jan. 30 (Xinhua) — China will take all necessary measures to protect the legitimate rights and interests of Chinese companies, Foreign Ministry spokesman Guo Jiakun said Friday after Panama's Supreme Court annulled a contract awarded to a subsidiary of Hong Kong-based CK Hutchison Holdings Limited to operate Panamanian port terminals.

The company in question called the Panamanian court's decision contrary to the law under which Panama approved the concession. However, the company reserves all rights, including legal action, Guo Jiakun recalled at a press conference.

The Chinese side will resolutely protect the fair and legitimate rights and interests of its companies, he emphasized. -0-

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