China slowdown makes even Li Ka-shing defensive


HONG KONG: China’s economic slowdown has put even Li Ka-shing (pic) on the defensive. The Hong Kong tycoon has rejected accusations that he is turning his back on the mainland.

Yet the fact that he felt the need to go public and explain his position highlights the increasingly uncertain terrain facing businesses operating in the People’s Republic.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall Street set for higher open as rate-cut hopes linger
Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Court Of Appeal rules in favour of SC in insider trading case
EPF buys more shares in QL Resources, raising stake to 5.01%
MGRC and Twistcode Technologies collaborate to develop advanced bioinformatics platform
Ringgit trims earlier gains to end slightly lower against US dollar
Ho Hup disposes of Bukit Jalil land for RM110mil
Perodua eyes 79% export surge to 1,960 units this year
Favelle Falco secures RM39.2mil contracts for offshore, tower cranes
RHB Islamic International Asset Management appoints Najman Isa as CEO

Others Also Read