China Suffers a Blow and the U.S. Gets a Big Boost in Panama

Panama’s Supreme Court just gave China a big blow… and Donald Trump’s national security plan for the Western Hemisphere a big win. 

On Thursday, it declared that two 25-year concessions that Panama Ports Company (PPC), a subsidiary of Hong Kong-based CK Hutchison Holdings, holds are unconstitutional. The concessions allowed the company to operate ports at either end of the Panama Canal. The contracts originated in 1997 and were renewed in 2021. 

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Naturally, PPC wasn’t happy, and issued a statement that said in part: 

The new ruling, based on available information, lacks legal foundation and jeopardizes not only PPC and its contract, but also the well-being and stability of thousands of Panamanian families who depend directly and indirectly on port activity, as well as the