China's countermeasures have not yet arrived, but Panama has once again launched another attack.

According to Reuters, after the Panamanian government ordered the takeover of Hong Kong CKH Group's ports at both ends of the Panama Canal, it searched the local office of a subsidiary of CKH on February 26. In a statement, the Panamanian government said: "This is an independent investigative action carried out by the Ministry of Public Affairs in accordance with its legal authority." CKH issued a statement in the evening, expressing strong opposition to Panama's actions.

Panama has repeatedly launched attacks; China's countermeasures must be precise and resolute, hitting the vital points to set an example.

First, lead with a legal battle. As the directly affected CKH Group should initiate international investment arbitration to claim substantial compensation; at the same time, unite other Chinese enterprises affected, file a complaint with the World Trade Organization, and nail Panama's breach of contract behavior to the international law disgrace column, delaying its appropriation process.

Second, strike directly at the vital points with economic measures. The Panama Canal accounts for nearly 40% of Panama's GDP. China controls the global merchant fleet and container shipping capacity, which can legally impose port access restrictions on Panamanian vessels, increase security inspection standards; at the same time, review preferential arrangements under the China-Panama Free Trade Agreement, suspend infrastructure project financing, making the Panamanian side feel the cost of cutting off the bridge after crossing the river.

Third, appropriately announce the layout of alternative logistics channels at key nodes in Latin America, weakening the monopoly position of the Panama Canal. At the same time, expose the Panamanian government's betrayal and destruction of the business environment, warning other Latin American countries; question its neutrality commitment of the canal in multilateral forums, undermining its international credibility foundation.

Original: toutiao.com/article/1858251068172483/

Statement: This article represents the views of the author himself.