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China Proposes South American Transcontinental Railroad as a Substitute for the Panama Canal

China Proposes South American Transcontinental Railroad as a Substitute for the Panama Canal

Brazil and China Explore Transcontinental Railway Project According to reports from Chinese state media, Brazil and China have formalized a memorandum to investigate the potential for constructing a transcontinental railway stretching from Brazil’s east coast to Peru’s west coast. As noted by Global Times, trade experts believe the railway could significantly shorten export times from […]

Why Larry Fink’s intricately complex Panama Canal deal could succeed

Larry Fink is racing to finalize a massive agreement to acquire 43 ports, including two located in the Panama Canal. However, making that happen involves careful financial navigation, according to insiders. The head of BlackRock must secure agreements from 23 countries for a new partnership led by his investment firm to manage a number of […]

Chinese Influence Goes Beyond the Canal

Kevin Cabrera, President Donald Trump's next appointment as Panama ambassador, said Tuesday during his confirmation. Hearing In Parliament, China's influence in Panama is spreading beyond canal ports. Cabrera I explained it China is affecting Panama's higher education system, and the parliament Confucius Institute An agreement signed by China with all five local universities. The Confucius […]

China, Hong Kong threaten to thwart sale of Panama Canal ports to BlackRock

The US contract to “recover” the Panama Canal is increasingly being fired from Chinese and Hong Kong authorities. Earlier this month, BlackRock announced a $23 billion deal with CK Hutchinson, taking ownership of the Panama ports of Cristobal and Balboa, located on the edge of the Atlantic and Pacific Oceans of the canal, respectively. It […]