Panama Launches Probe into Chinese-Controlled Port Operator Amid US Tensions
2025-01-21
Fortune
Panama has initiated an audit of Panama Ports, a subsidiary of CK Hutchison Holdings, owned by Hong Kong billionaire Li Ka-shing. The move comes as tensions rise between the US and China, with President Trump threatening to reclaim the Panama Canal. The audit team will scrutinize the port operator's activities, sparking concerns over the future of the strategic waterway. With trade wars and geopolitical tensions escalating, the Panama Canal's fate hangs in the balance. Key issues, such as international trade and global shipping, are likely to be impacted. The situation is being closely monitored by global leaders and economists.
