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.