Beijing Resumes Criticism of CK Hutchison Over Panama Ports Deal

The Port of Balboa, formerly managed by CK Hutchison Holdings, based in Hong Kong, located at the entrance to the Panama Canal in Panama City, on March 12, 2025. MARTIN BERNETTI / AFP

Beijing authorities kept up their pressure on CK Hutchison on Wednesday, resuming criticism of the Hong Kong conglomerate’s sale of its Panama Canal ports.

The business empire built by Hong Kong billionaire Li Ka-shing offloaded its global ports business outside China this month to a group led by giant asset manager BlackRock for $19 billion in cash.

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by Agence France-Presse

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