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Hong Kong lodges 'strong protest' after Panama takes control of canal ports

Hong Kong lodges 'strong protest' after Panama takes control of canal ports

Summary

Hong Kong has officially complained to Panama after Panama took control of two ports at the Panama Canal. These ports were operated by CK Hutchison, a company from Hong Kong, for over 20 years. Panama's Supreme Court ended CK Hutchison's operating contracts, calling them unconstitutional.

Key Facts

  • Hong Kong protested to Panama after it took control of Panama Canal ports.
  • The ports were managed by Hong Kong's CK Hutchison for over two decades.
  • Panama's Supreme Court declared CK Hutchison's contracts unconstitutional.
  • President Trump claimed China operates the canal, though there’s no public proof.
  • Hong Kong says Panama's actions violate international trade rules.
  • CK Hutchison planned to sell its stake in the ports to a group led by BlackRock.
  • The company described Panama's actions as "unlawful."
  • The Panama Canal is crucial for global trade, serving as a shortcut for ships.

Source Information