
China, Hong Kong threaten to thwart sale of Panama Canal ports to BlackRock
A deal for the U.S. to “reclaim” the Panama Canal is increasingly under fire from authorities in China and Hong Kong. Earlier this month, BlackRock announced a $23 billion deal with CK Hutchinson to take ownership of the Panamanian ports of Cristobal and Balboa, which are located at the Atlantic and Pacific ends of the canal,…