The deal that would transfer ownership of more than 40 seaports, including two crucial terminals at the Panama Canal, to Western investors is facing unexpected turbulence from Beijing.
At the heart of the dispute is China’s demand that state-owned shipping giant COSCO be granted a significant stake in the transaction, a move that has turned a commercial port sale into a high-stakes geopolitical flashpoint.
– Advertisment –
Visited 1 times, 1 visit(s) today
