Friday after China’s top office on Hong Kong issues reposted a sharp attack on the conglomerate’s decision to appease President Donald Trump by selling its stake in Panama ports. The commentary that the Hong Kong and Macau Affairs Office posted on its website originally appeared in the Ta Kung Pao newspaper and warned companies to be very careful about which “side they should stand on.

The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock ,

The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade.

BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.

China’s top office on Hong Kong issues reposted a sharp attack on CK Hutchison Holdings Ltd. for agreeing to sell a controlling stake in Panama ports, warning companies to be very careful about which “side they should stand on.

Hong Kong tycoon Li Ka-shing’s company CK Hutchison Holdings, which recently sold its Panama Canal ports, should think twice about which side it wants to stand with, according to a scathing newspaper commentary posted by Beijing’s top office for the city’s affairs on its website.