Hong Kong conglomerate CK Hutchison Holdings Ltd. has agreed to sell control of a unit that operates ports near the Panama Canal and other international ports. The move comes after U.S. President Donald Trump called for China to curtail its interests in the region
It was originally scheduled to be signed on April 2. However, billionaire Li Ka-shing's company today refused to sign the agreement to sell the two ports
As it turns out, Hong Kong-based Ta Kung Pao called on CK Hutchison to abandon the deal
It is not yet known how the situation will develop further…
