Li Ka-shing Says U.S., China Should Find a Way Out of Disputes

  • Tycoon says a trade war will be damaging to both countries
  • Hong Kong’s richest man ended seven-decade career in May
Li Ka-shingPhotographer: Anthony Kwan/Bloomberg
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Billionaire Li Ka-shing said a trade war between the U.S. and China will hurt both the countries and urged the world’s two biggest economies to end the dispute soon.

“I certainly hope the two find a way,” Li told reporters after a university event on June 29 in southern China. “I certainly don’t want to see the trade war getting worse. Both countries are going to lose.” The spat will inflict pain on Hong Kong as well, he added.