US EditionTrump’s plan to take control of the Panama Canal meets resistance. Investors are spooked
- China sent a senior-level delegation led by Ma Hui to Panama to discuss the sale of port operations amid rising US pressure.
- Hong Kong tycoon Li Ka-shing announced plans to sell port operations near the Panama Canal to BlackRock for $22.8 billion.
- Chinese officials criticized the deal, calling it a betrayal of the Chinese people and expressing concerns about its implications for China-Panama relations.
- Trump praised the sale, while both Panama and China dismissed his claims of Chinese control over the canal.
4 Articles
4 Articles
Trump’s plan to take control of the Panama Canal meets resistance. Investors are spooked - Boston News, Weather, Sports
Hong Kong (CNN) — 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 the ports plummeting. It’s unclear how regulators could interfere with the plan, which was announced earlier this month, given that the ports that CK Hutchison intends to offload to the group led by the US investment giant are loc…
Trump’s plan to take control of the Panama Canal meets resistance. Investors are spooked
Hong Kong (CNN) — 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 the ports…
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