Hong Kong's CK Hutchison finds itself at the center of a growing international controversy over its deal to sell its port business, including assets in Panama, to a U.S. firm. The transaction has sparked "extensive discussions" in Hong Kong, underscoring the delicate balance between global

CK Hutchison's negotiated sale of its port business has sparked criticism, highlighting the geopolitical implications of U.S.-China competition on international firms.

CK Hutchison, a Hong Kong company that owns and operates two key Panama ports, as well as many other ports across the globe, has reached an agreement in principle with private equity firm BlackRock to sell a significant portion of its port business.

The Panamanian Attorney General has weighed in on the constitutionality of his government's port contract with Hong Kong-based Hutchison Port Holdings, telling the Supreme Court it is "unconstitutional," and asking the Court "to confirm the unconstitutionality of the contract as a step toward terminating the

The U.S. House of Representatives' Committee on Homeland Security held a hearing today on "Examining the PRC’s Strategic Port Investments in the Western Hemisphere and the Implications for Homeland Security."

A dispute between the Peruvian government and a Chinese company building a port in Peru has taken the first step towards an investment arbitration proceeding, although there is still time for the parties to work out their differences.

At a Congressional hearing last week, Rep. Carlos Giménez (R-FL) continued his efforts to raise concerns about Chinese cranes operating at U.S. ports, pressing Biden administration officials on the seriousness of the threats.