China state media blasts CK Hutchison’s Panama port deal in soon-deleted post
Photo: Investing
Chinese state media attacked Hong Kong conglomerate CK Hutchison’s plan to sell its ports near the Panama Canal to a BlackRock-led group in a social media post on Saturday that was taken down minutes later, News.Az reports citing Investing.
The social media account linked to state broadcaster CCTV said China had significant national interests in the transaction and the sale was "tantamount to handing a knife to an opponent."
As a Hong Kong company, CK Hutchison should be careful about how it handled deals that could harm China’s national interest, said the post from the account Yuyuantantian on social media platform Weibo (NASDAQ:WB).
However minutes after going live, the post had vanished.
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