There are just 150 squash courts across mainland China, while Hong Kong has 450, and men and women ranked inside the world top 40.
Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains.
Hong Kong Chief Executive John Lee also said Donald Trump's second presidency marks a “good start” for US-China relations.
The move follows President Donald Trump’s renewed claims that China has influence over the canal and his pledge to take control of the strategic waterway.
US President Donald Trump said he could impose 10% tariffs on Chinese goods from February 1. China's stock markets fell after Trump's comments, breaking several straight days of gains. Trump had said he could slap tariffs of 25% on Canada and Mexico from February 1.
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive.A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,
U.S. President Donald Trump's picks for senior posts in his administration include several people with deep ties to China, but several have divergent views on how to deal with Washington's biggest rival,
Panama has complained to the United Nations over US President Donald Trump's "worrying" threat to seize the Panama Canal, even as it launched an audit of the Hong Kong-linked operator of two
China may have investments in the operations of the Panama Canal but its soldiers are not operating it.
Fosun International’s proposed buyout of its partially owned subsidiary, Shanghai Henlius Biotech, has been quashed, with the necessary threshold of Henlius’ shareholders not voting in favor of the deal.