Exactly, this asset is worth nothing to the CPP if sold.
If it was a fully private company which is supposed to make money, they would sell it and move on to invest their money somewhere else.
Regulating the market is important and is not done enough in the US, last time was decades ago with AT&T and Standard Oil. Today they should have broken up Apple, Google, Amazon, etc. To prevent monopolies but they don’t.
But yeah, politically it’s much easier to go after a Chinese company.