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Beyond Panama Canal, Trump stares at China’s growing influence in Latin America
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The Balboa Port is currently operated by Hong Kong's publicly-listed CK Hutchinson Port Holdings.
PHOTO: REUTERS
WASHINGTON – The Trump administration savoured a quick victory after a Hong Kong conglomerate this week decided to hand over its stakes in two major Panama Canal ports to a consortium led by a powerful American investment firm.
But it is small consolation for Washington in its broader tug of war with China in Latin America.
