China Intensifies Criticism of Li Ka-shing's Panama Port Sale to BlackRock

Reported about 2 months ago

China's Hong Kong affairs office has sharply criticized CK Hutchison Holdings for selling a controlling stake in Panama ports to BlackRock, warning the firm to reconsider its position amidst rising China-US tensions. The criticism, published in the Ta Kung Pao newspaper, suggested that the deal could be used by the US for political purposes, echoing concerns raised by former President Trump about Chinese control over critical shipping routes.

Source: YAHOO

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