Updated
Updated · Fox News · Apr 30
Panama-flagged ships detained by China draw US sovereignty warning
Updated
Updated · Fox News · Apr 30

Panama-flagged ships detained by China draw US sovereignty warning

10 articles · Updated · Fox News · Apr 30
  • Rubio said nearly 70 vessels had been held since 8 March, as Bolivia, Costa Rica, Guyana, Paraguay and Trinidad and Tobago joined Washington in condemning Beijing.
  • The dispute follows Panama's Supreme Court voiding the legal basis for CK Hutchison's control of the Balboa and Cristobal canal terminals, which China is accused of targeting in retaliation.
  • China called the allegations baseless and said it would protect its interests in Panama, as the row deepens competition over the canal, which carries about 5% of global maritime trade.
As superpowers clash over the Panama Canal, is the era of peaceful global trade officially over?
Beyond Panama, which global chokepoint will become the next battleground for economic and military dominance?
With China and the U.S. vying for control, must smaller nations now choose a side in the new world order?