Business / Economics

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

today5 March, 2025

Background

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.

 

Written by: Leonard Witbeen

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