Port Deal Aimed at Tamping Down Trump Panama Canal Rhetoric Hits Turbulence After Beijing Backlash
President Trump has championed the deal, calling it a significant step in bolstering hemispheric defense and reducing China’s clout in the area.
Hong Kong billionaire Li Ka-shing’s conglomerate, CK Hutchison Holdings, is caught in a brewing geopolitical storm over its decision to sell its terminals at two strategically significant Panama Canal ports to a consortium led by BlackRock, an American multinational investment company.
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