Through the Chinese government's Belt and Road Initiative, Chinese companies acquired or built major port facilities in 129 ...
Most of the stakes in key ports on the Panama Canal are owned by a Hong Kong-based company and are set to be sold off after ...
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
CK Hutchison’s stakes near the Panama Canal came under recent scrutiny, especially among US government officials and ...
After a series of misleading statements by US President Donald Trump about the Panama Canal, social media posts claimed the ...
Hong Kong tycoon Li Ka-shing’s company CK Hutchison Holdings, which recently sold its Panama Canal ports, should think twice ...
Mr Trump has shown that threatening Panama’s economy and national identity can yield major concessions from its government. Panama has not just pushed through the sale of the canal ports since Mr ...
BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
A consortium led by U.S. private equity firm BlackRock has agreed to purchase the Panama port terminals owned by CK Hutchison ...
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
Mexico is reviewing its tariff policy over China, and an American investor group has signed a huge deal taking control over key ports near the Panama Canal, indicating that Trump’s America ...