The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Trump and his team are right to recognize Panama’s strategic importance, but they are wrong in how they are approaching the ...
Hong Kong, China-based company CK Hutchison Holdings Limited has agreed to sell its stake in two ports on the Panama Canal to ...
BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...
President Donald Trump wants the U.S. to take back the Panama Canal. The shovels used to construct it were built by Bucyrus ...
China’s footprint in Panama has expanded significantly over the past eight years. Many in the U.S. see the move as a security threat – not just President Donald Trump. But Panama has already ...
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
Trump hailed BlackRock’s deal as the beginning of America’s effort to take back the Panama Canal.