China party mouthpiece lashes out Asia’s richest man

BEIJING: The mouthpiece newspaper of China’s Communist Party has blasted Hong Kong tycoon Li Ka-shing after he sold assets on the mainland with the world’s second-largest economy facing headwinds.

The 87-year-old, nicknamed “Superman” for his sharp business acumen, has been offloading major property investments in China—where growth slowed to a 24-year low last year and has continued to weaken this year—after investing heavily there in the 1990s.