China’s state-owned shipping giant Cosco is angling for veto power in a consortium buying Hong Kong billionaire Li Ka-shing’s overseas ports. The move is seen as a way to get Beijing’s approval for the deal, which has raised eyebrows due to its geopolitical implications.

Editor’s Note: This isn’t just another business deal—it’s about China tightening its grip on global trade routes. Cosco’s push for control signals how Beijing wants a bigger say in overseas infrastructure, especially when it involves high-profile assets like Li’s ports. For investors and policymakers, it’s a reminder that even private deals in China often dance to the government’s tune.