Panama’s Supreme Court Just Upended a Key China-Linked Presence at the Canal

Key Points Panama’s Supreme Court ruled the Balboa and Cristóbal port concession unconstitutional, ending its legal basis. A comptroller audit attacked the 2021 extension without bidding and alleged about $1.3 billion in lost public revenue. The move hits amid U.S.-China rivalry and a proposed $23 billion sale of 40-plus ports tied to BlackRock talks. Panama’s […]