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China, Hong Kong threaten to thwart sale of Panama Canal ports to America’s BlackRock

March 18, 2025

A deal for the U.S. to “reclaim” the Panama Canal is increasingly under fire from authorities in China and Hong Kong.  Earlier this month, BlackRock announced a $23 billion deal with CK Hutchinson to take ownership of the Panamanian ports of Cristobal and Balboa, which are located at the Atlantic and Pacific ends of the canal, respectively. It would also take over Hutchinson’s controlling interest in 43 ports in...

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