How two British ports owned by Hong Kong’s CK Hutchison will help UK pivot to Asia after Brexit

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(South China Morning Post)

  • Felixstowe and Harwich, on England’s east coast, are part of the Freeport East plan designed to create low-tax, low-regulation zones
  • China has been closely monitoring the Freeport East developments as relations with London have soured
Felixstowe is the UK’s largest container port, with about 40 per cent of market share, and it already takes in much of the trade from Asia. Photo: AFP

Hong Kong-based conglomerate CK Hutchison’s ports division has secured a strategic win from the UK’s post-Brexit pivot towards Asia.

Two of Hutchinson’s three ports on England’s east coast, in Felixstowe and neighbouring Harwich, were last week named in Chancellor Rishi Sunak’s budget speech among the country’s first eight “free ports”.

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