The ownership of two key ports along the Panama Canal has become a major flashpoint between the United States and China. At the heart of the showdown is the Hong Kong-based CK Hutchison Holdings and its subsidiary, Hutchison Ports. Controlled by Hong Kong tycoon Li Ka-shing, CK Hutchison owns twoContinue Reading
Hong Kong billionaire Li Ka-shing is squarely in the middle of the latest geopolitical conflict thanks to his port assets in Panama. Following threats made by U.S. President Donald Trump to take over the Panama Canal from Chinese control, Li decided to sell his controlled assets at this strategic keyContinue Reading
HONG KONG: Criticism of Hong Kong conglomerate CK Hutchison’s sale of its Panama Canal ports deserves “serious attention”, city leader John Lee said on Tuesday (Mar 18) after Beijing authorities repeatedly slammed the deal. The business empire of Hong Kong’s richest man, Li Ka-shing, sold most of its port operations –Continue Reading
Recent statements by U.S. President Donald Trump and Special Envoy for Latin America Mauricio Claver Carone, as well as the trip by Secretary of State Marco Rubio to Central America, have focused attention on the risks posed by the activities of China in Panama. Two points should be made clearContinue Reading
For the past month, both before and after taking the oath of office on January 20, U.S. President Donald Trump has repeatedly threatened the territorial integrity of Panama. More recently, during his inaugural address, he openly pledged to take back the Panama Canal. In doing so, he has falsely claimedContinue Reading
