Hong Kong union joins critics of McDonald's HK, China sale, sees pay squeeze

[Reuters] - The Hong Kong Confederation of Trade Unions (HKCTU) warned that McDonald's Corp's up-to-$2.1 billion sale of its Hong Kong and China operations could hit workers' pay, adding to growing criticism of the deal on the mainland and elsewhere. The fast-food giant said last month it had agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and U.S. private equity firm Carlyle Group LP in a deal that will see the consortium act as the master fran