THE LATEST | CANADAAssociated Press: The ports located at the mouth and tail of the Panama Canal, which have been operated by a subsidiary of CK Hutchison since 1997, became embroiled in a legal dispute after getting caught in the middle of the U.S. and China’s competition for influence in the region. The ports became the focus of global attention after U.S. President Donald Trump accused China of “running the Panama Canal.”…
NBC: Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, known as Panama Ports Company (PPC).
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The ruling, issued in late January, came amid growing U.S.-China rivalry over global trade routes and marks a win for Washington. U.S. President Donald Trump has pushed to curb Chinese influence over the Panama Canal, which carries about 5% of global maritime trade…