On March 14, 2025, China erupted in outrage over a proposed $19 billion deal to sell key Panama Canal ports from Hong Kong-based CK Hutchison to a U.S.-led consortium spearheaded by BlackRock, branding it a “spineless” capitulation and a “betrayal” of Chinese interests. The scathing rebuke, published in the state-aligned Ta Kung Pao newspaper and
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