Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
Hong Kong's CK Hutchison on Tuesday agreed to sell its interests in a key Panama Canal port operator to a BlackRock ...
Hutchison subsidiary PPC has for decades run ports on the Pacific and Atlantic ends of the interoceanic waterway.
The sale is "wholly unrelated to recent political news", a managing director said but was welcomed by President Donald Trump ...
BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy ...
American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong ...
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route.
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