Li Ka-shing’s Firm Slugs it out With Panama Over Canal Ports

Legal dispute part of tussle between US and China over Latin American ports

Mar 23, 2026

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By: Toh Han Shih

Balboa Port at the Panama Canal. Reuters/Enea Lebrun

The Hong Kong-listed conglomerate CK Hutchison is not backing down from a US-backed effort by Panama to seize the ports it operates along the Panama Canal, one of the world’s most critical waterways, demanding arbitration and filing legal challenges in what has become a geopolitical pro…

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