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 ...
The sale is "wholly unrelated to recent political news", a managing director said but was welcomed by President Donald Trump ...
American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump.
Hutchison subsidiary PPC has for decades run ports on the Pacific and Atlantic ends of the interoceanic waterway.
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route.
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