A woman carries an American flag during a protest outside the U.S. Consulate in Hong Kong on July 4. (AP Photo/Kin Cheung, File)
HONG KONG (AFP) A multimillion-dollar property sale by the U.S. Consulate in Hong Kong has been put on ice because it has not received permission from Beijing, the prospective buyer said Wednesday.
The deal for six luxury pads in a swanky part of the island would have seen the U.S. State Department pocket U.S. $330 million.
But it appears to have fallen victim to growing tensions between Washington and Beijing, who insisted it was no ordinary property transaction and needed a specific go-ahead.
The Straits Times
The deal would have seen the US State Department pocket US$330 million.PHOTO: AFP
PublishedDec 30, 2020, 5:09 pm SGT
https://str.sg/JRze
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including the ST News Tablet worth $398.
Let s go!