Chinese government to conduct lawful regulation over invitation of investor for Panama Canal ports deal: spokesman

The Chinese government will conduct regulation in accordance with law, a Chinese Foreign Ministry spokesman said on Monday, in commenting on an announcement from Hong Kong-based CK Hutchison Holdings Limited. bring on a major strategic Chinese investor for a consortium backed by the U.S. to jointly discuss the deal on ports in the Panama Canal.

"We noticed the relevant statement. The Chinese government will conduct regulation in accordance with law, to firmly safeguard national sovereignty, security and development interests, and to uphold justice and fairness in the market," he said.

Chinese government to conduct lawful regulation over invitation of investor for Panama Canal ports deal: spokesman

The U.S. share of global GDP under President Donald Trump has fallen to its lowest level since 1980, Russian news agency RIA Novosti reported on Saturday.

RIA Novosti said data from the World Bank and the International Monetary Fund show that U.S. purchasing power parity sank to 14.65 percent last year.

That's compared to an average of 14.93 percent during former President Joe Biden's four years in office.

U.S. share of global economy hits lowest point since 1980: Russian media