Panama Voids Hong Kong-Based Firm's Canal
Port Contracts
Posted By: J. Arthur Brown, 1/30/2026 12:05:14 PM
Panama's Supreme Court has annulled contracts allowing a Hong Kong-based company to operate container ports on the Panama Canal. The ruling comes a year after US president Donald Trump claimed China was "operating the Panama Canal" (snip) in his inaugural speech. CK Hutchison Holdings, through its subsidiary the Panama Ports Company (PPC) has operated two of the five ports since the 1990s. It had previously agreed to sell them to a group led by a US investment firm under a wider deal. The Court found that laws allowing the firm to operate the ports were "unconstitutional" (snip.)
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Comments:
The BBC (the official State media of a CCP-appeasing government) is right down there with the AP. It's writers claim not to understand that ostensibly private Chinese firms are as subject to State direction as "privately owned" businesses in fascist Italy were.