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BlackRock Panama Canal Purchase: Did The CCP Block the Deal For Good?

  • The $22.8 billion BlackRock Panama Canal purchase, a deal for 43 global ports, has fueled the US-China standoff.
  • The sale of stakes in Panama Canal ports and operations by Hong Kong's CK Hutchison to a BlackRock-led group has intensified the US-China rivalry and geopolitical unease.
  • CK Hutchison's stocks initially rose, but political backlash followed the blocked deal by the CCP.
  • The Panama Canal serves as a global trade flashpoint and is linked to the battle for supremacy between the US and China.

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