China, who checks the sale of the company in Hong Kong at the ports of the Panama Channel | International Commercial News

China and Hong Kong condemn “bullying” after the deal against the background of US pressure.

China is exploring a deal achieved by a company in Hong Kong to sell ports in the Panama Channel to the United States Financial Company.

Beijing directed numerous agencies on Tuesday to browse the transaction, according to Bloomberg News. The deal was earlier by President Donald Trump, who accused China of striving to control the strategic waterway.

CK Hutchison in Hong Kong said earlier this month that he agreed to sell most of his global business ports worth $ 22.8 billion, including assets near the Panama Canal, to a group led by US-based investment company Blackrock.

A week after the announcement, the Chinese Service in Hong Kong and the Macau Case Office reposts comments, calling the sale of China, which neglects national interests.

The deal, which is yet to be sealed, is now being investigated for security risks and disorders of antitrust of senior Chinese leaders, Bloomberg reports, citing unnamed sources.

A spokesman for the Beijing Foreign Ministry said reporters should ask other Chinese authorities for the report.

“I would like to emphasize that in principle, China firmly opposes the violation or undermining of the legitimate rights and interests of other countries with economic coercion and harassment,” the spokesman said.

These words reflect more comments from Hong Kong leader John Lee.

“The government calls on foreign governments to provide a fair and fair environment for businesses,” Lee told reporters. “We are opposed to the forced use of coercion or harassment of tactics in international economic and commercial relations.”

Hatchison did not immediately answer Beijing's control reports. The company said earlier that the deal was “purely commercial in nature and is not entirely related to the latest political news related to ports in Panama.”

The company agreed to negotiate with the Blackrock consortium exclusively for 145 days according to a statement.

Although the deal has not yet been finalized, it was not clear immediately what levers, if any, China can be downloaded to block the deal, given the business Hatchison sells, is based outside China and Hong Kong and it is based on the Kayman Islands.

Trump has previously called on the Panama Canal to be removed from “Chinese control”S Numerous US politicians criticized Hatchison's operations in the Panama Canal as A security riskS