What does it mean for China that American companies take over the operation rights of the Panama Canal?
WASHINGTON — Last week, BlackRock, an American asset management giant, led a deal with Cheung Kong Hutchison Holdings, owned by Hong Kong’s richest man, Li Ka-shing, to acquire 43 ports in 23 countries around the world, including the ports of Balboa and Cristóbal at both ends of the Panama Canal. The deal was made after … Read more