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The Panama Model: How Weak Institutions Become Weapons in the U.S.-China Competition
In February 2026, Panama expelled Hong Kong-based CK Hutchison from its ports after 29 years, seizing millions of dollars in assets under a presidential decree issued less than a month after the Supreme Court ruled the concession unconstitutional. Nearly one year earlier, Panama’s government began negotiations to ...
Construction crews at work on the Nairobi Expressway on February 26, 2021, a project financed and constructed by the China Road and Bridge Corporation. Photo by SIMON MAINA / AFP
By Ding Fei As African cities experience some of the fastest urban growth rates in the world, China has become a major bilateral financier for urban infrastructure. From Nairobi’s elevated expressways to Lagos’s airport upgrades and Addis Ababa’s new riverside developments, Chinese-backed ...
The Panama Model: How Weak Institutions Become Weapons in the U.S.-China Competition
In February 2026, Panama expelled Hong Kong-based CK Hutchison from its ports after 29 years, seizing millions of dollars in assets under a presidential decree issued less than a month after the Supreme Court ruled the concession unconstitutional. Nearly one year earlier, Panama’s government began negotiations to ...