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International Business Times
International Business Times
Business

Does China Control The Panama Canal, As Trump Claims?

The canal was administered by America until 1977, when treaties were signed under then-US president Jimmy Carter for its handover to Panama (Credit: AFP)

US President Donald Trump's threat to seize the Panama Canal over alleged undue Chinese influence may really be aimed at limiting Beijing's growing diplomatic and economic presence in Latin America, experts say.

Actually using force to take the interoceanic waterway, which carries five percent of world maritime trade and 40 percent of US container traffic, seems an unlikely endeavor, they concur.

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