17-07-2025
- Business
- Wall Street Journal
China Threatens to Block Panama Ports Deal Unless Its Shipping Giant Is Part of It
China's government is threatening to block a deal that would transfer ownership of dozens of seaports to Western investors if Cosco, China's largest shipping company, doesn't get a stake.
The proposed sale includes two ports at the Panama Canal and more than 40 others around the world, all owned by Hong Kong-based CK Hutchison 1 0.52%increase; green up pointing triangle.
