Did Trump Just Win Over Beijing? Panama Canal Ports Held by Chinese Entity Will Be Transferred to US Ownership– www.westernjournal.com
Source Link
Excerpt:
A company based in Hong Kong agreed to sell two port facilities in the Panama Canal to American asset management behemoth BlackRock, a move that comes after President Donald Trump raised the alarm about Chinese influence over the critical piece of infrastructure.
CK Hutchison, the Hong Kong firm that operates the two ports, one at the Atlantic Ocean entrance and the other at the Pacific Ocean entrance, announced the $22.8 billion deal Tuesday, according to a report from the BBC.
