I wasn't aware of that. How are they getting Panama's ports?

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By buying them, probably with some kind pressure. A MoU has already been signed, but now Chinese government is not happy.

https://www.axios.com/2025/03/28/blackrocks-panama-canal-ports-delayed

https://www.csis.org/analysis/chinese-ports-panama-come-under-new-management

Ah, trying to block China. I wonder if Trump's remarks about Panama a few weeks ago were about strong arming a deal