China ramps up attacks against Li Ka-shing's Panama Canal deal

Hong Kong-based state media argues decision should be based on patriotism

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Ta Kung Pao, a Hong Kong-based state-backed newspaper, published another commentary on Saturday, criticizing CK Hutchison's decision to sell its Panama Canal assets. (Photo by Kenji Kawase)  

KENJI KAWASE

HONG KONG -- Chinese state media escalated criticism of CK Hutchison, the Hong Kong-based conglomerate owned by tycoon Li Ka-shing's family, arguing that its agreement to sell Panama Canal port assets to a consortium led by U.S. investment firm BlackRock is unpatriotic.

Ta Kung Pao, a daily Chinese-language newspaper controlled by the Liaison Office of the Central People's Government in Hong Kong, published an opinion piece on Saturday under the headline, "Great businesspeople are all eminent patriots."

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