From Construction to Controversy: What’s Behind the Panama Canal Drama?
Built by the U.S. in 1914 and transferred to Panama in 1999, the Panama Canal remains a critical artery for global trade. But recent claims by former U.S. President Donald Trump have reignited debate—he alleges China now controls the waterway.
China’s Foreign Ministry Spokesperson Mao Ning swiftly dismissed the claims, stating: ‘China does not participate in the management or operation of the Panama Canal.’ Analysts note that while Chinese firms invest in Panamanian infrastructure, the canal’s governance remains under Panama’s authority.
Why It Matters
Handling 6% of global maritime trade, the canal is a lifeline for shipping. Trump’s comments highlight geopolitical anxieties as global powers jostle for influence in strategic regions.
Stay tuned for part two of our series, where we break down how climate change is threatening this vital route—and what it means for your Amazon deliveries!
Reference(s):
cgtn.com