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Hong Kong’s BlackRock Strikes Deal to Bring Panama Canal Ports Under US Control

March 06, 2025 1 min read
author Anamika Mishra, Sub Editor
BlackRock, a major global investment firm, has secured a deal to manage ports on both sides of the Panama Canal, effectively bringing key trade gateways under U.S. influence. The move is seen as part of a broader strategy to strengthen America’s supply chain security and reduce dependency on China-controlled port infrastructure. The Panama Canal is a vital maritime route for global trade, connecting the Atlantic and Pacific Oceans. With the rising geopolitical tensions between the U.S. and China, control over such strategic assets has become a key focus for policymakers. By acquiring these

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