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Panama

Panama
The latest news, analysis and opinion on Panama. In-depth analysis, industry insights and expert opinion.
Capital
Panama City
Head of State
President José Raúl Mulino
Head of Government
President José Raúl Mulino
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Trending in China

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Three construction workers in China were hung from a gate by their harnesses as part of their safety training, sparking public shock. Photo: SCMP composite/Shutterstock/Douyin

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A new device built by Chinese engineers can cut through undersea communications cables. Photo: Shutterstock

Military

China’s 6th-gen fighter sighted again as Trump ‘set to announce’ jet contract

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China’s sixth-generation stealth fighter has been spotted on another test run. Photo: Weibo/第一军情

Science

Star scientist Pan Linfeng picks cutting-edge China post over fading Oxbridge

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Pan Linfeng, who spent nearly five years as a postdoctoral researcher at Cambridge University’s historic Cavendish Laboratory, has taken up a cutting-edge position in China. Photo: Thepaper.cn

Science

Former US defence researcher Zhan Hanyu joins China’s elite aerospace university

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In December, Zhan Hanyu became a full-time professor at the college of automation engineering at Nanjing University of Aeronautics and Astronautics after studying and working in the US for more than 15 years. Photo: The Paper
CK Hutchison’s decision to sell its stakes in the Panama Canal ports is facing intense criticism. Photo: AFP
Hong Kong politics

BlackRock-Hutchison Panama ports deal: 25-year timeline to troubled waters

From Trump’s vow to retake Panama Canal to Beijing’s scathing attack on Hutchison’s deal, the Post chronicles the latest developments.

29
Mergers & Acquisitions

Hutchison stays mum on plan to sell port assets amid Panama spat, China rebuke

16
Hong Kong economy

Black eye for BlackRock-Hutchison Panama ports deal? Not so easy, say experts

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US-China trade war

What’s behind the pro-Beijing camp’s criticism of the Panama ports deal?

The backlash against Hutchison’s ports sell-off is designed to send a message to other Chinese firms with overseas assets, analysts say.

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A cargo ship sails past the Panama Canal’s Port of Balboa. CK Hutchison’s decision to sell off the port and other assets to a US consortium has attracted intense criticism in China. Photo: AP
Ukraine war

Trump, Putin agree on partial Ukraine ceasefire. Kyiv wants details

Ukraine ceasefire talks set for Sunday in Jeddah after Trump and Russian president hold lengthy phone call.

85
Hong Kong politics

Hutchison’s Panama ports deal must comply with the law: Hong Kong’s John Lee

Beijing conducting major review of port and shipping assets held by private mainland and local businesses, source says.

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Hong Kong economy

BlackRock, buyer of Hong Kong Hutchison’s Panama ports, in the spotlight

Elite US institutional investor has a significant presence in Hong Kong but has kept a studiously low profile.

45
Larry Fink, the chairman and CEO of BlackRock. Photo: Reuters
Hong Kong economy

Can Hong Kong’s Hutchison ride out storm over Panama ports deal after Beijing attack?

Experts say Hutchison, part of tycoon Li Ka-shing’s empire, is now caught in a dilemma and might end up being punished by both the United States and China.

51
US-China relations

Editorial | Hutchison’s exit from Panama ports signals sad state of affairs

President Donald Trump’s boast to Congress that the US had taken the canal back dispelled any notion that the sale was purely for commercial reasons.

Diplomacy

My Take | Realist Xi vs fabulist Trump, just guess who will come out on top

US president’s Panama Canal move, while having made a lot of money for HK tycoon, is more like misdirected fire than a win over Beijing.

7
A man walks near the entrance of the Balboa Port after Hong Kong’s CK Hutchison Holdings agreed to sell its interests in a key Panama Canal port operator. Photo: Reuters
Li Ka-shing

S&P expresses concern about CK Hutchison’s diversification after ports sale

‘The completion of the transaction could also lead us to revisit our assessment of CKHH’s business diversification,’ S&P says.

People passed the Cheung Kong Center in Central. Photo: AFP
Li Ka-shing

Li Ka-shing’s CK Life to post loss on higher R&D outlay, lower vineyard value

The company said the loss for 2024 could come in at HK$126.6 million (US$16.3 million) versus a profit of HK$17.3 million the previous year.

Donald Trump

Panama president says Trump ‘lying’ about reclaiming canal

Trump was referring to a deal for US firm BlackRock to buy a controlling stake in a port operator currently held by Hong Kong’s CK Hutchison.

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Donald Trump

‘We don’t want to be Americans or Danes’: Greenland PM

Greenland PM’s comment comes after Trump’s speech to the US Congress on Tuesday saying the US will get the territory ‘one way or another’.

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6
Greenland’s capital Nuuk. Trump had earlier not ruled out military force to seize either the Panama Canal or Greenland. Photo: AFP
Mergers & Acquisitions

Li Ka-shing’s Hutchison steps back from global ports amid trade war

CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding mainland China and Hong Kong.

6
Hong Kong tycoon Li Ka-shing during a news conference following a shareholders meeting in Hong Kong May 20, 2011 before his retirement from the company. Photo: Reuters
Hong Kong stock market

CK Hutchison leads Hong Kong stock surge amid trade-war jitters

CK jumped after agreeing to sell assets worth US$23 billion including ports near the Panama Canal.

US-China relations

China’s UN chance, ‘don’t poke the dragon’: 7 US-China relations reads

From the new UN vacuum to science fears and a Panama ‘victory’, here are highlights from the SCMP’s overseas correspondents in February 2024.

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US-China relations

CK Hutchison to sell unit operating near Panama Canal amid Trump pressure

Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route over concerns about China.

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Containers at the Balboa Port operated by Panama Ports Company at the Panama Canal in Panama City, Panama, on February 1. Photo: Reuters
Americas and the Caribbean

After US deportation, Chinese woman in Panama camp says ‘guarded like prisoners’

The woman, fearing retaliation, spoke anonymously, alleging restricted freedoms, constant surveillance, and phone confiscation.

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US-China relations

Panama and China hit back at US ‘lies’ about Beijing’s influence over canal

Panama’s President José Raúl Mulino has told his cabinet not to discuss ‘lies’ while Beijing hit back at Donald Trump’s takeover threats.

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41
US-China relations

US Southcom head meets Panama Canal administrator to discuss countering China

Panama’s president, who was warned about China’s influence by US Secretary of State Marco Rubio earlier this month, reacted with anger.

11
Panama Canal administrator Ricaurte Vasquez (R) talking with the head of the US Southern Command, US Admiral Alvin Holsey, during a tour of the canal’s facilities at the Miraflores Locks near Panama City, on Thursday. Photo: Panama Canal Authority / AFP

Video | Hundreds of US deportees mostly from Asia held in Panama hotel

Chinese woman recaptured after escape from Panama hotel holding hundreds deported by the US
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US-China relations

Chinese woman recaptured after escape from Panama hotel holding deportees from US

Panama’s security minister blames ‘human traffickers’ for woman’s brief escape from hotel accommodating detained migrants.

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Donald Trump

It’s no holiday at Panama hotel where hundreds deported by US are being held

Migrants from China, India, Iran and Vietnam among hundreds being held in Panama City hotel in operation funded by the US.

4
US-China relations

China’s ‘top puppet’ Elon Musk poses US national security risks: House Democrats

Billionaire’s ‘deep ties’ to Beijing and ‘illegal’ dismantling of USAID draw scorn as he leads Donald Trump’s drive to cut government waste.

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Appointed to lead US President Donald Trump’s Department of Government Efficiency, Elon Musk serves as a special government employee. Photo: Getty Images/TNS
US-China relations

Explainer | Donald Trump says China runs the Panama Canal. Is he right?

The Latin American country and its vital waterway have been thrust into the spotlight as part of a broader rivalry between the US and China.

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The Panama Canal has become one sticking point of many in a fraught relationship between the US and China. Photo: AFP
US-China relations

A man, a plan, a ban? Trump’s Panama tensions augur risk for Chinese investments

US claims of Chinese influence in Panama Canal may not affect operations, analysts said, but Beijing’s investments in the region could be a target.

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US-China relations

China protests over Panama’s withdrawal from Belt and Road Initiative

The Latin American country pulled out of Beijing’s infrastructure project in the face of strong pressure from the United States.

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