Missouri Republican Sen. Eric Schmitt called on Panama to expel a Chinese corporation that said it will not surrender key ports near the Panama Canal.
Hong Kong tycoon Li Ka-shing’s CK Hutchison will not sign a deal next week to sell its two Panama Canal port operations to a BlackRock-led group amid growing pressure from Beijing, the South China Morning Post reported Friday.
Chinese authorities have reacted negatively to plans by the conglomerate while the deal was hailed by President Donald Trump, who wants to retake control of the strategic waterway.
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