Reported 5 days ago
China has instructed state-owned companies to pause any new dealings with businesses associated with billionaire Li Ka-shing after his controversial plan to sell two Panama ports to a global consortium. This directive signals increased scrutiny on Li's ventures, particularly in light of potential national security concerns raised amid US-China tensions. While existing partnerships won't be affected, the move adds pressure on Li's conglomerate and highlights the delicate balance of business interests in the region.
Source: YAHOO