China isn’t happy about sale of Panama Canal port to American finance giant

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Open this photo in gallery: The Hong Kong conglomerate CK Hutchison's planned sale of ports in Panama to a group led by BlackRock, the American finance giant, for US$19-billion is under fire from Beijing.FEDERICO RIOS/The New York Times News Service Last week’s agreement to sell two ports on the Panama Canal to a U.S. consortium led by BlackRock appeared to be another example of the savvy deal-making that has made Hong Kong tycoon Li Ka-shing one of the richest men in Asia. Facing intense pressure from U.S. President Donald Trump, Mr. Li’s CK Hutchison Holdings moved quickly to divest itself...