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The Panama Canal is one of the most important waterways in the world, with about 7% of global trade passing through. It also relies heavily on rainfall. Without enough freshwater flowing in ...
(CNN) — Chinese antitrust regulators are investigating a US consortium’s deal for two ports in the Panama Canal zone, reportedly delaying the deal’s closing that was originally set for next ...
to buy a controlling stake in the company held by a Hong-Kong based group that operates ports near both ends of the Panama Canal. The announcement came after the president alleged Chinese ...
Donald Trump has said repeatedly that he wants to “take back” the Panama Canal but has not offered specifics about how he would do so. An explanation of the history and laws governing the ...
China's fury at the sale of Panama Canal ports to a US-led consortium reflects how container hubs have become prized currency as Beijing and Washington vie for global influence, analysts say.
"China supports Panama's sovereignty over the Canal, and stays committed to maintaining the status of the Canal as a permanently neutral international waterway. China has never engaged in the ...