panama canal china trade

Global Ports China Could Lose to US

Beijing blocks BlackRock's Panama port deal amid US-China tensions

By Alek Buttermann The proposed sale of two key Panamanian ports by Hong Kong-based CK Hutchison to a consortium led by BlackRock has hit a roadblock, as China exerts pressure to halt the deal. The agreement,

Newsweek on MSN · 14h

Mapped: Global Ports China Could Lose to US After Panama Deal

Hong Kong company CK Hutchison's $22.8 billion deal to sell dozens of ports was originally to be inked on April 2.

New York Post · 1d

China delays $23B sale of Panama Canal ports to US-backed consortium led by BlackRock

The transaction has drawn fierce criticism from influential Chinese political offices, including the mainland’s Liaison Office.

Regtechtimes on MSN3d

US Investment Firms Trapped as China Regulator Blocks Billion-Dollar Panama Canal Sale

A major business deal involving two important ports near the Panama Canal has been unexpectedly put on hold. The deal was led ...

The Economist12d

Why China hates the Panama Canal deal, but still may not block it

We gave it to Panama, and we’re taking it back.” Thus spoke Donald Trump shortly after BlackRock, an American investment firm ...

CNN4d

Panama Canal ports sale has been put on hold by Chinese regulators

Canal critical to trade and military ships The 51-mile ... Since its handover in 1999 the canal itself has been operated by Panama, not China, despite Trump’s stated concerns.

AgWeb3d

The Panama Canal is Key to Global Commerce

In January, however, President Trump announced his displeasure with the Panama Canal, claiming in his inaugural address that China runs it ... other matters involving trade. Since his ...

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