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The Billionaire Caught Between Trump and China

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Manage episode 477231163 series 2518362
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The Hong Kong-based company CK Hutchinson, led by billionaire Li Ka-shing, recently announced a deal to sell majority stakes in two ports on the Panama Canal. The deal with a consortium of investors led by BlackRock pleased President Donald Trump, after he had expressed interest in regaining control over the canal. But, as WSJ’s Rebecca Feng reports, the $22.8 billion deal also angered Chinese leader Xi Jinping, who saw the ports as a bargaining chip with the United States. Allison Pohle hosts.

Further Listening:

- China Unleashes a Trade War Arsenal

- The Trade War With China Is On

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1515 episodes

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iconShare
 
Manage episode 477231163 series 2518362
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The Hong Kong-based company CK Hutchinson, led by billionaire Li Ka-shing, recently announced a deal to sell majority stakes in two ports on the Panama Canal. The deal with a consortium of investors led by BlackRock pleased President Donald Trump, after he had expressed interest in regaining control over the canal. But, as WSJ’s Rebecca Feng reports, the $22.8 billion deal also angered Chinese leader Xi Jinping, who saw the ports as a bargaining chip with the United States. Allison Pohle hosts.

Further Listening:

- China Unleashes a Trade War Arsenal

- The Trade War With China Is On

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1515 episodes

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