Hong Kong CNN —
China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management giant BlackRock, attacking the deal as “spineless groveling” and a “betrayal” of the Chinese people.
A commentary published by the state-owned Ta Kung Pao newspaper and reposted on the website of China’s Hong Kong and Macao Affairs Office on Thursday sent shares in CK Hutchison (CKH), the Hong Kong-based owner of the ports, plummeting by more than 6% on Friday.
Observers say it was a sign that some investors are concerned the deal may
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