李嘉诚

Hong Kong’s ‘superman’ billionaire and the battle over the Panama Canal

The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence

If anyone can take the long view on Donald Trump, it is Li Ka-shing, the 96-year-old Hong Kong billionaire who fled the Sino-Japanese war as a child and built a global empire from scratch.

The US president has said “China is operating the Panama Canal”, pointing to CK Hutchison’s operation of two ports there, a claim that echoes concerns first voiced when the group secured the contracts in 1997.

Panamanian lawyers have launched a lawsuit in an attempt to cancel the concessions, while the government of Panama is auditing the group.

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