US, China raise the stakes in Panama Canal ports row
- China expressed anger over the sale of Panama Canal ports to a US-led consortium, showing the competition for global influence between the two nations.
- Beijing confirmed antitrust regulators will review the deal, likely delaying the signing from April 2 as planned.
- Wang Yiwei stated that the deal could harm China's manufacturing dominance and suggested the US aims to weaken China's position as the world's factory.
- Analysts noted a trend of 'weaponizing' ports for geopolitical leverage, raising concerns about Hong Kong's suitability for investments.
110 Articles
110 Articles
Analysis: In Attacking Panama Port Deal, CCP Sends a Message to Investors
News Analysis Chinese leaders have held several high-profile meetings with prominent entrepreneurs in recent weeks, in an attempt to encourage confidence among investors. But at the same time, China’s regulators and state media have ratcheted up pressure against a Hong Kong company over its asset sales in the Panama Canal and other ports around the world. For China observers, the message is clear: under China’s ruling Chinese Communist Party (CC…
China paralyzes the sale of Panama Canal ports to the United States
Trump began his legislature by pressing Xi Jinping for Panama. “China is operating the Panama Canal and we didn’t give it to China, we gave it to Panama, and we’re going to recover it,” he warned in an election campaign. With his newly-released administration, Secretary of State Marco Rubio stood there in early February carrying a very clear message to President José Raúl Mulino: “Chinese influence” is “unacceptable” and, if not “immediate chang…
The Ghost of Jimmy Carter Comes Back to Haunt America: China Blocks Panama Canal Sale to Blackrock — Setting Up Major Confrontation with President Trump
Tensions escalate as China blocks BlackRock's strategic acquisition of Panama Canal ports, igniting a confrontation with President Trump over U.S. control of this vital maritime route. Historical implications and geopolitical stakes unfold.
BlackRock, at centre of Panama ports deal, has nearly US$16 billion in Chinese stocks
SHANGHAI — BlackRock, the asset manager at the centre of a deal to buy US$23 billion in port assets from Li Ka-shing's CK Hutchison Holdings, has about $15.5 billion invested in Hong Kong and mainland-listed stocks through its China-focused funds, with its portfolios concentrated on technology and financial companies.
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