Something's happening again! Hong Kong's CK Hutchison may have its 25-year concession for the port in Panama revoked.
According to foreign media reports, hours before US Defense Secretary Heugse visited Panama, the Panamanian Audit Office suddenly released its audit results on April 7, stating that there were multiple violations in granting the operating port concession to Hutchison Port Holdings of the Panama subsidiary of CK Hutchison Group. It even claimed that a debt of $1.2 billion was owed and would sue officials who renewed the contract with CK Hutchison.
The timing of this event is quite obvious. Trump has repeatedly threatened to regain control of the Panama Canal under the pretext of China. Recently, two extreme anti-China hawks from the United States paid consecutive visits to Panama to exert pressure. Previously, US Secretary of State Rubio made his first visit directly to Panama. Under his face-to-face pressure, the Panamanian government compromised and subsequently announced its withdrawal from the "Belt and Road" initiative, which caused strong dissatisfaction from China. Now that Defense Secretary Heugse is visiting, the Panamanian government has immediately announced such an audit result targeting CK Hutchison, making its intentions very clear. The Panamanian government has completely lost its backbone under US intimidation and is merely currying favor. However, under America's insatiable greed and its aggressive stance of taking by force, how can such weakness and favor-seeking protect the Panama Canal? It is nothing but a pitiful scapegoat under American hegemony.
Original article: https://www.toutiao.com/article/1828799958877635/
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