Geopolitical tensions at Panama Canal still very high despite sale of ports
“During periods of high demand, congestion leads to delays, causing costly disruptions to global supply chains,” said the FMC on the Panama Canal, adding that this waterway is prone to droughts that impact “functionality and efficiency”.
Officials in Beijing and Hong Kong spoke out Tuesday against a proposal to sell ports in the Panama Canal to a consortium led by BlackRock, sending shares in the Hong Kong-based conglomerate that owns ...
A Chinese government mouthpiece last week lambasted CK Hutchison over its agreement to sell two Panama ports to a ...
Potential plans range from partnering more closely with Panamanian security forces to a less likely option of U.S. troops' ...
For months, Trump has complained that China controls shipping in the Panama Canal, which was built by the United States more ...
The agreement sees CK Hutchison Holdings selling its interests in ports across 23 countries, including the Balboa and Cristobal ... transits through Panama Canal Cocoli locks in Panama City ...
China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management ... it would spend $22.8 billion to buy the ports of Balboa and Cristobal on either end of ...
The wrangle over the Canal started before Trump even took office, as a campaign promise, and has persisted since.
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