Panama boots China from ‘Canal,’ victory for Trump’s Monroe Doctrine revival
Panama’s Supreme Court decision to force out a Chinese port operator caps the Trump administration’s year-long effort to oust China from the strategic waterway…
By
Panama’s Supreme Court decision to boot a Chinese company from the strategic Panama Canal gives a boost to President Donald Trump’s effort to revive the Monroe Doctrine in the Western Hemisphere aimed at reducing Chinese influence in Latin America.
The ruling comes one year after President Trump zeroed in on Chinese influence in the country and the vital strategic waterway built by the U.S. more than a century ago. “China is operating the Panama Canal, and we didn’t give it to China,” Trump said in his inauguration address. “We gave it to Panama, and we’re taking it back.”
The ruling from Panama’s high court caps a year-long legal battle between the Chinese and Panamanian governments after Chinese regulators blocked the Hong Kong-based CK Hutchinson shipping company from selling its stakes in the ports of Balboa on the Pacific Coast and Cristóbal on the Caribbean side to an American consortium under U.S. pressure.
Read Full Article: https://www.thelibertybeacon.com/panama-boots-china-from-canal-victory-for-trumps-monroe-doctrine-revival/
