Source: China – South China Morning PostPanamanian authorities on Tuesday announced an US$8.5 billion plan to modernise and expand the Panama Canal over the next decade, while sidestepping questions on whether Hong Kong-based CK Hutchison or others seen as having links to China could join future projects amid US concerns about Beijing’s influence over the waterway.
Hutchison Ports, a unit of CK Hutchison, has managed terminals in Balboa and Colon – on opposite ends of the trade channel – since the 1990s. Its role has drawn sharp…Read More