BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...

Chinese regulators have blocked a $23 billion sale of key ports, including two in the Panama Canal, to a group led by BlackRock. REUTERS. China President Xi Jinping is reportedly “angry” over ...

Victory for Trump. With 40 million container ships passing through every year, the Panama Canal — a 51 mile waterway that cuts through Central America, linking the Atlantic and the Pacific ...

A cargo ship transits through Panama Canal Cocoli locks in Panama City on February 21, 2025. Getty Images. The $23 billion sale provides the Hong Kong-based conglomerate with nearly $19 billion in ...

BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...

China Condemns Panama Canal Deal, Asserting a Right to Influence the Region The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American ...

China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management giant BlackRock, attacking the deal as “spineless groveling” and a “betrayal” of the ...

BlackRock on Tuesday announced the purchase of the ports at the Panama Canal that President Donald Trump raised security concerns regarding their connections to China. BlackRock announced the $22. ...

China Is Unhappy With BlackRock’s Panama Ports ... to “take back” the Panama Canal, ... to sell its majority controlling stake in Panama ports to a BlackRock BLK 1.65 ...

A deal for the U.S. to "reclaim" the Panama Canal is increasingly under fire from authorities in China and Hong Kong. Earlier this month, BlackRock announced a $23 billion deal with CK Hutchinson ...

During his joint address to Congress on Monday, President Donald Trump declared victory over the BlackRock-led acquisition of two key ports along the Panama Canal, marking a significant shift in ...