Sino-U.S. Rivalry Intensifies, China's Strategic Moves in Panama Canal Draw Attention

China and the port of Panama have now entered the substantive phase of Sino-US competition!

China's goal is to gain control of the Panama Canal, or at least hold 20~30% shares.

The transaction between Cheung Kong and BlackRock almost succeeded in a surprise attack. Their plan at that time should have been to act immediately after Trump took office, taking advantage of China's lack of response for a lightning strike, making Cheung Kong and Panama deliver quickly.

In fact, it was just wishful thinking. From China's layout of the Peruvian port to diversify risks, it has already shown the importance placed on Panama. Now it's just bringing it back to the battlefield within the rules for competition.

The transaction between Cheung Kong and BlackRock is merely a commercial matter, but behind it lies the Sino-US global rule-making competition.

Original article: toutiao.com/article/1851722941758666/

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