Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash ...
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Through the Chinese government's Belt and Road Initiative, Chinese companies acquired or built major port facilities in 129 ...
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route over ...
CK Hutchison’s stakes near the Panama Canal came under recent scrutiny, especially among US government officials and ...
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.
BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy ...
Prior to the origination of the plans for the Panama Canal vessels of trade had few options of getting goods from Europe and Asia to N. America.
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...
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Panama Canal’s Water Crisis: US Buys Out ChinaDouglas McIntyre and David Callaway, Editors-in-Chief at Climate Crisis 24/7, discussed the recent sale of the Panama Canal’s ...
President Donald Trump wants the U.S. to take back the Panama Canal. The shovels used to construct it were built by Bucyrus ...
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