China Check Hong Kong by selling Panama Channel ports International Trade News

China and Hong Kong condemns the “bullying” after the deal that concluded amid the pressure of the United States.

China is scrutinizing a deal concluded by Hong Kong Ports Company in Panama Channel to a financial company for the United States.

Beijing directed multiple agencies on Tuesday to study the deal, according to Bloomberg News. The deal was previously praised by President Donald Trump, who accused China of seeking to control the strategic waterway.

Hong Kong said earlier this month that she agreed to sell most of her global ports to $ 22.8 billion, including assets near Panama, to a US -based investment group Black Rock.

A week after the announcement, the Hong Kong and MacO Affairs Office, China, republished the comments, describing the sale as a betrayal of China that neglected national interests.

The deal, which has not yet been closed, is now being investigated by security risks and anti -monopoly violations on the orders of senior Chinese leaders, according to Bloomberg, citing unnamed sources.

A spokesman for the Ministry of Foreign Affairs in Beijing said that journalists should ask other Chinese authorities about the report.

“I would like to confirm that China is firmly violating or undermining the rights and interests of other countries with economic coercion and bullying,” the spokesman said.

These words reflected previous comments from Hong Kong John Lee.

“(Hong Kong Government) urges foreign governments to provide a fair and fair environment for institutions.” “We oppose the abusive use of coercion or bullying tactics in international economic and trade relations.”

Hotchison did not immediately respond to audit reports by Beijing. The company has already said that the deal is “purely commercial by its nature and has nothing to do with the recent political news reports related to Panama’s ports.”

The company agreed to negotiations with the Blackrock Federation on an exclusive basis for 145 days, according to a statement.

Although the deal has not been completed yet, it was not immediately clear what cranes, if any, can withdraw China to prevent the deal, given the work that Hotchison sells outside China and Hong Kong, its headquarters in the Cayman Islands.

Trump has previously called for the removal of Panama channel “Chinese control”. Many American politicians have criticized the operations The danger of security.