China ramps up threats over Panama Canal ruling that handed Trump a major victory [CNBC]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: CNBC
The decision from Panama's Supreme Court was widely seen as a victory for the Trump administration's security ambitions in the Western Hemisphere. CK Hutchison said it would seek “extensive damages” over the court ruling, without specifying the damages sought. A cargo ship transits through Panama Canal Cocoli locks in Panama City on February 21, 2025. Martin Bernetti | Afp | Getty Images The Chinese government has condemned a ruling from Panama's top court , warning the Central American country “will inevitably pay a heavy price” unless it changes course. The rebuke comes shortly after Panama's Supreme Court ruled to void Hong Kong-based CK Hutchison 's licence to operate ports at either end of the canal. The ruling was seen as a major victory for the Trump administration's security ambitions in the Western Hemisphere. The White House has made blocking China's influence over the Panama Canal one of its top priorities. In a commentary posted on Tuesday on its WeChat acco
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News
- Billions In Chinese Investment To Flee Panama - Beijing Livid Over Canal Ports Decision [zero hedge]zero hedge
- Panama's president says port contracts will not be issued to a single operator [Yahoo! Finance Canada]Yahoo! Finance Canada
- Panama will not be threatened by China over canal court ruling, leader says [Yahoo! Finance Canada]Yahoo! Finance Canada
- The US wants to push China out of Latin America. The Panama Canal is the latest test [CNN]CNN
- The US wants to push China out of Latin America. The Panama Canal is the latest test [CNN]CNN