A senior Panamanian official on Monday said he had uncovered evidence of misconduct by a Hong Kong company, a finding that could delay or even scuttle a ports deal that has put China at loggerheads with the United States. Last month the Hong Kong conglomerate CK Hutchison agreed to sell a business that encompasses 43…
The deal had the imprint of a Hong Kong billionaire nicknamed “Superman” for his empire building. One of the tycoon’s companies, which for years has run two ports on the Panama Canal, had been thrust into a broader showdown between China and the United States. So the billionaire, Li Ka-shing, got out of the firing…
President Trump’s claim that China controls the Panama Canal has placed a Hong Kong tycoon and his conglomerate at the heart of a showdown between the United States and China. That sprawling company, CK Hutchison Holdings, is one of Hong Kong’s most valuable publicly listed firms and counts some of the world’s biggest investors as…
As Panama’s president laid a wreath to honor those who died protesting the American occupation 60 years ago, the ceremony attendees were resolute. The commemoration this month came just days after President-elect Donald J. Trump falsely claimed China was controlling the Panama Canal and suggested he could use military force to retake the waterway. The…