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Latin Times
Latin Times
Politics
Demian Bio

China Casts Doubt Over Panama Port Deal With U.S. Company As Trump Vows To 'Reclaim' Canal

Panama China CK Hutchison Donald Trump BlackRock United States Hong Kong Leung Chunying
CK Hutchison sold control of a unit that operates ports near the Panama Canal as Trump alleges the canal is controlled by the Chinese. (Credit: Getty Images)

Chinese authorities are reportedly reviewing the sale of a Hong Kong-based company's overseas port operations after it divested its assets near the Panama Canal following U.S. pressure and President Donald Trump's vow to "reclaim" the waterway.

Bloomberg reported on Wednesday that several government agencies, including the State Administration of Market Regulation, have been instructed to examine the transaction for potential security risks or antitrust violations by CK Hutchinson.

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