BEIJING -- CK Hutchison, the Hong Kong-based conglomerate owned by tycoon Li Ka-shing's family, has agreed to sell port assets including those at the Panama Canal, where U.S. President Donald Trump objected to what he described as Chinese control.
The transaction with a consortium led by U.S. investment firm BlackRock was announced close to midnight on Tuesday, on the eve of China's annual National People's Congress as well as Trump's first address to Congress of his second term in office.
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