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China poses threat to Panama Canal, says US defense secretary Hegseth

Business Standard LogoBusiness Standard1w ago

China poses threat to Panama Canal, says US defense secretary Hegseth - Business Standard

Quick Summary:

Speaking at a ribbon cutting for a new US-financed dock at the Vasco Nuez de Balboa Naval Base after a meeting with Panama President Jos Ral Mulino, Hegseth said the US will not allow China or any other country to threaten the canal's operation.

US Secretary of Defense Pete Hegseth said Tuesday the Panama Canal faces ongoing threats from China, but that together the US and Panama will keep it secure.

Hegseth alluded to ports at either end of the canal that are controlled by a Hong Kong consortium, which is in the process of selling its controlling stake to another consortium including BlackRock Inc.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 07:42:41 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 695 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27744965

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 245 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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