Category: Latin America
Ports Sale Offers Panama Way out of Trump Row: Experts
By Juan José Rodríguez The decision by Hong Kong firm CK Hutchison to sell its Panama ports to a U.S.-led consortium provides the Central American country with a convenient way out of its standoff with President Donald Trump, experts said Tuesday. ...
Hong Kong Firm Offloads Panama Ports After Trump Pressure
Under fierce pressure from U.S. President Donald Trump, the Hong Kong firm Hutchison said it had agreed to sell its lucrative Panama Canal ports to a U.S.-led consortium Tuesday. CK Hutchison Holdings said it would offload a 90 percent stake in ...
Panama AG Agrees Hong Kong Firm’s Canal Concession Is ‘Unconstitutional’
Panama's attorney general said Wednesday that a concession granted to a Hong Kong-based firm to operate ports on either end of the Panama Canal should be scrapped because it is "unconstitutional." The contract held by CK Hutchison Holdings, owned by Hong ...
Panama Court to Hear Challenge to Hong Kong Firm’s Canal Concession
A Panama court has agreed to review the concession granted to a Hong Kong-based firm to operate ports on either end of the Panama Canal, which is the source of U.S. President Donald Trump's concerns about Chinese influence over the waterway. ...
U.S. or China? Latin America Under Pressure to Pick a Side
Latin America has emerged as a key battleground in U.S. President Donald Trump's confrontation with China, and the region is coming under pressure from Washington to choose a side. The Trump administration's approach to China's growing Latin American footprint -- seen as ...
China Slams U.S. ‘Cold War Mentality’ in Latin America
China on Friday condemned a "Cold War mentality" by the United States in Latin America, saying it had complained over comments by Secretary of State Marco Rubio during a visit to the region. Since winning the U.S. election in November, President ...
Colombia Moves to Boost Trade With China Amid Tensions With U.S.
Colombia, whose president crossed swords with U.S. President Donald Trump on accepting deportation flights, announced plans on Thursday to strengthen ties with China by adding a new shipping route to Shanghai. Colombia's commerce ministry said the new route would take ships ...
Panama Lawsuit Requests Axing Hong Kong Firm’s Canal Concession
Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following U.S. President Donald Trump's threats to seize the vital waterway. A subsidiary of CK Hutchison Holdings ...
Rubio in Costa Rica as He Seeks to Curb China Influence
U.S. Secretary of State Marco Rubio arrived Tuesday in Costa Rica as he presses to curb Chinese influence in Latin America on his first foreign trip. Rubio, a longtime hawk on China, began his trip in Panama, where he reported headway ...
Rubio Says Panama Addressing U.S. Concerns on Canal After Trump Threats
By Shaun Tandon U.S. Secretary of State Marco Rubio on Monday voiced optimism that Panama would address concerns over Chinese influence in the Panama Canal, bringing down the tone after President Donald Trump's threats to seize the vital waterway.
CK Hutchison: The Hong Kong Firm Behind Panama Port Operators
By Holmes Chan A sprawling business empire built by Hong Kong billionaire Li Ka-shing is caught in the crossfire as the extent of Chinese influence over the Panama Canal is debated. U.S. Secretary of State ...
Rubio Warns Panama of Consequences About Chinese “Influence and Control” Over Canal
U.S. Secretary of State Marco Rubio on Sunday threatened action against Panama without immediate changes to reduce Chinese influence on the canal, but the country’s leader insisted he was not afraid of a U.S. invasion and offered talks. Rubio, paying his ...