The search of CK Hutchison’s subsidiary marks the latest flashpoint in the rising US-China tensions over control of Panama’s vital trade canal.
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Authorities in Panama have reportedly searched and removed property from the subsidiary of a Hong Kong company that has been at the heart of recent tensions between the United States and China over the Panama Canal.
In a statement on Friday, the Panama Ports Company (PPC), part of the Hong Kong conglomerate CK Hutchison, said the Panamanian government “acted in disregard for the rule of law”.
