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LatinNews Daily - 28 July 2025
In brief: Panama Canal port owner seeks Chinese investor in defiance of US
*The Hong Kong-headquartered CK Hutchison Holdings, which has come under pressure after the US administration of President Donald Trump accused it of facilitating excessive Chinese influence over the Panama Canal through its ownership of two ports on the waterway, has said that it may invite a “major strategic investor from the PRC [China]” to join a consortium seeking to buy its ports. On 4 March an international consortium led by US investment firm Blackrock had announced a deal to purchase the ports. However, in a stock exchange filing released today (28 July), Hutchison said that the period for exclusive negotiations with the Blackrock-led consortium had expired. Bloomberg and Reuters both reported that China’s state-owned shipping giant Cosco is looking to join the consortium, raising the risk of retaliation from the Trump administration as it tries to push back against China’s growing influence in the region.
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