China calls court ruling against Hong Kong firm CK Hutchison on Panama Canal ports ‘absurd’ and ‘shameful’.
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Hong Kong firm CK Hutchison has announced the start of international arbitration proceedings against Panama after the country’s top court annulled its contract to operate two ports on the strategic Panama Canal amid pressure from the United States.
The announcement on Wednesday comes as the Chinese government’s Hong Kong and Macau Affairs Office (HKMAO) said that Panama’s ruling against CK Hutchison subsidiary – the Panama Ports Company – was “absurd”, “shameful and pathetic”.
