Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Freedom Bunker
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

BlackRock’s Purchase Of Hong Kong-Owned Panama Ports Marks Victory For Trump’s ‘America First’

% of readers think this story is Fact. Add your two cents.


BlackRock’s Purchase Of Hong Kong-Owned Panama Ports Marks Victory For Trump’s ‘America First’

President Trump may be handed a major geopolitical victory concerning the Panama Canal, as a new report indicates that a BlackRock-led consortium has agreed to purchase key ports near the canal currently operated by Hong Kong-based conglomerate CK Hutchison Holdings Ltd. The report follows Trump’s repeated warnings about China’s growing influence over the strategic waterway and comes one month after US Secretary of State Marco Rubio criticized the Panamanian government for allowing Beijing to expand its influence in the region. 

Bloomberg provided more color on BlackRock’s deal to purchase the critical ports near the canal

The agreement was reached alongside a deal in principle for BlackRock and its Global Infrastructure Partners unit, along with Mediterranean Shipping Co.’s ports division, to acquire units that hold 80% of the Hutchison Ports group, which operates 43 ports in 23 countries, the company said Tuesday in a statement.

The consortium will also acquire 90% of Panama Ports Co., which operates the two entryways in Balboa and Cristobal. CK Hutchison said it would receive cash proceeds of about $19 billion from the broader ports deal.

. . .

The deal includes the bulk of CK Hutchison’s ports division, which produced 20% of the conglomerates earnings before interest and tax in the first half of last year and was the company’s third-biggest business.

The port deal represents the largest infrastructure deal in BlackRock’s history after it purchased Global Infrastructure Partners last year, marking a new move for the asset manager in critical infrastructure investing across developed and emerging markets.

Earlier, BlackRock CEO Larry Fink told the RBC Capital Markets conference audience that the port deal was a great opportunity and highlighted the company’s “long relationship” with CK Hutchison. 

Public forensics analysis of CK Hutchison shows several key risk factors, including forced labor concerns and high political exposure to Chinese state-owned enterprises. 

Here’s the upstream ownership profile of CK Hutchison Holdings. Notice some familiar names? Yes, BlackRock, hence Fink’s comment at the RBC conference… 

Here is more color on those direct owners and shareholders of the HK-based holdings company.

Trump’s concerns about Beijing’s encroachment on the canal may soon be diminished after the BlackRock deal (as we’ve previously noted). Trump has complained that China has jeopardized US national security interests in the region. Hutchison’s potential link to the Chinese Communist Party is shown above. 

Latin America Research Professor Evan Ellis with the US Army War College told Bloomberg, “Hutchison could see the writing on the wall, that strategically it was best for them as well for Panama to pursue its interests elsewhere.” 

Risa Grais-Targow, director for Latin America at Eurasia Group, said the BlackRock deal to purchase the HK-owned ports and “diminish Chinese footprint in Panama” is a massive positive. 

BlackRock told Bloomberg that the acquisition of the ports would require government approval. This might not be difficult to secure given the Panamanian government’s urgent need to ease tensions with Trump.

Tyler Durden Wed, 03/05/2025 – 05:45


Source: https://freedombunker.com/2025/03/05/blackrocks-purchase-of-hong-kong-owned-panama-ports-marks-victory-for-trumps-america-first/


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.