Li Ka-shing is the owner of CK Hutchison, a Hong Kong-based conglomerate. He has had a difficult relationship with leaders in Beijing since he began selling off assets on the mainland more than a decade ago.
His younger son, Richard Li, runs an insurance business. China has stalled Richard Li's efforts to expand that business on the mainland and reportedly told state-owned enterprises not to engage in new deals with Li family members, in retaliation for the proposed sale of CKH's port terminals to Western firms.
Accuracy, n.: The vice of being right