Tuesday, March 4, 2025

US investors to buy Panama canal ports from Hong Kong-based owner

A consortium of US investors has agreed to buy majority stakes in two ports on the Panama canal from a Hong Kong-based company for nearly 20 billion dollars.

The deal comes in the wake of allegations by the Trump administration that Chinese influence over the waterway poses a security risk to the US.


Ira Spitzer reports.


IN: The 19 billion...

OUT: SOC

DUR: 49