Post #40344 by bighairymike on the US Policy board

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BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong Kong-based CK Hutchison in a multipart transaction worth $22.8 billion, the companies announced on Tuesday.

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I sure don't like that word "majority". It seems quite risky to have even a few Chicoms with hands on involvement in canal operations. Their mere presence allows China to keep track of US Navy movements through the canal. In addition to espionage, having insiders facilitates acts of sabotage during wartime too.

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