Deals
Li Ka-shing’s Beijing Rift Threatens His Deal of a Lifetime
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By the time word reached Beijing, it was too late to contain the damage.
CK Hutchison Holdings Ltd., Li Ka-shing’s flagship conglomerate, had just clinched a blockbuster deal to offload 43 ports — including two in Panama — that would remove the Hong Kong tycoon from the increasingly heated US-China feud over the Panama Canal.