Trump’s pressure forces Hong Kong’s Hutchison to sell Panama ports to BlackRock-led US group

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PANAMA CITY, March 5 — The decision by Hong Kong firm CK Hutchison to sell its Panama ports to a US-led consortium provi...

While Hutchison’s sale of the ports is expected to silence Trump’s criticism of Chinese involvement in the canal, he could however continue to complain that US vessels are being overcharged to use the waterway.

On a visit to Panama two weeks later, US Secretary of State Marco Rubio issued Mulino with an ultimatum to immediately reduce Chinese influence on the canal or face unspecified “measures.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaHong KongPanamaUnited States

Topics: Blackrock Panama Canal Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 13:05:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 647 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Malay Mail

News ID: 26674507

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