(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
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”.