Author Topic: CK Hutchison will not sign deal to sell strategic Panama ports next week, sources say  (Read 602 times)

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Offline Timber Rattler

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https://www.reuters.com/business/ck-hutchison-not-sell-strategic-ports-panama-canal-next-week-scmp-reports-2025-03-28/

Quote
Hong Kong's CK Hutchison (0001.HK), opens new tab will not sign a deal next week to sell its two port operations near the Panama Canal to a BlackRock-led group, two people with direct knowledge of the matter said, as pressure mounted from Beijing.

China's market regulator said it will carry out an antitrust review on the Panama port deal in accordance with a law to protect fair competition and safeguard the public interest, its official WeChat account showed late on Friday.


EXCERPT

The ChiComs have intervened and are blocking the turnover.  So what does Trump do now?
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Offline DefiantMassRINO

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The US supported Panamanian independence from Colombia.

The Panama Canal was built by the US Military for the US Military (to move naval assets between the Atlantic and Pacific Oceans in the wake of the Spanish American War of 1898).

The US needs to re-take control - military or corporate - of the Canal Zone more than it does Greenland.

If CK Hutchison owns the Canal and its port facilities, instead of just operating them, Panama needs to nationalize the Canal to hand ownership/control/operation to the United States.

F Jimmy Carter and the Chi-coms.  Wait until the French and British figure that the Chi-coms want the Suez Canal too, if they don't already have it in their clutches.

America needs to move away from Wilsonian Foreign Policy and pivot back towards the Monroe Doctrine.
« Last Edit: April 01, 2025, 08:12:52 pm by DefiantMassRINO »
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