China said Panama risks paying a “hefty political and economic price” following the cancellation of Hong Kong-based CK Hutchison Holdings’ contract to operate two major ports serving the Panama Canal.
“The Panamanian authorities’ insistence on this despite widespread concerns is tantamount to shooting themselves in the foot,” China’s Hong Kong and Macau Affairs Office said in a commentary posted on its WeChat account on Tuesday. The decision by the Panama Supreme Court “is legally unfounded and…
Memory prices surge, trade truce extension, Year of the Horse gallops in
Subscribers: The Daily Pulse will not be published from February 16 to 19 as China celebrates Lunar New Year. We will resume publication on Friday, February 20. Kung hei fat…