US investors to buy Panama canal ports from Hong Kong-based owner

A consortium of US investors has agreed to buy majority stakes in two ports on the Panama canal from a Hong Kong-based company for nearly 20 billion dollars. The deal comes in the wake of allegations by the Trump administration that Chinese influence over the waterway poses a security risk to the US. Ira Spitzer reports.

The post US investors to buy Panama canal ports from Hong Kong-based owner first appeared on Future Media News.

The post US investors to buy Panama canal ports from Hong Kong-based owner appeared first on Future Media News.