VIDEO NEWS REPORT: China Pressures Panama to Reject US Deal
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VIDEO NEWS REPORT: China pressures Panama to reject US deal
The US tried to regain control of the strategic Panama Canal through a deal between the American investment giant BlackRock and the Hong Kong company CK Hutchinson, which currently owns ports in the region. The deal, worth about $23 billion, included the purchase of more than 80% of the ports controlled by the company, including two ports on both sides of the Panama Canal. However, it now appears that the deal was rejected due to pressure from t…
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