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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Lapsody ⎊✹  😊 😞
Number: of 86289 
Subject: Re: Panama
Date: 02/02/25 10:38 PM
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Who wants to tell them that the PCCP is one thing and Belt and Road another?

China’s BRI expansion into port-related facilities has stirred alarm for the United States over ambitions seen as endangering the neutrality of the Canal...

...Chinese companies have been heavily involved in infrastructure-related contracts in and around the Canal in Panama’s logistics, electricity, and construction sectors. These projects fit naturally with China’s BRI vision, onto which Panama was the first Latin American country to sign in 2018...

...In 2016, in a $900 million deal, the China-based Landbridge Group acquired control of Margarita Island, Panama’s largest port on the Atlantic side and in the Colón Free Trade Zone, the largest free trade zone in the Western Hemisphere. The deal established the Panama-Colón Container Port (PCCP) as a deep-water port for megaships, and the construction and expansion was carried out by the China Communications Construction Company (CCCC), a company also active in China’s island-building initiatives in the South China Sea, and the China Harbor Engineering Company (CHEC)...

and later it talks about Cortizo putting an end to deals, etc., signaling they wanted to move away from the Chinese and be a US ally.

...China’s expanded reach in the Panama Canal has slowed recently, mostly due to U.S. pushback and the Covid-19 pandemic. For example, the Panama Ministry of Public Works' plans for the announced fourth bridge over the Canal was scaled back in 2020. In 2018, U.S. and domestic pressure ended China’s plans to construct a large embassy at the mouth of the Canal. In fact, numerous initiated projects have been canceled, postponed, or scaled back during the current administration of President Laurentino Cortizo. This scaling back of Chinese projects by the Cortizo administration indicates that there not only exists a desire to maintain open relations with the United States, as embodied by Panamanians’ access to “Global Entry international trusted traveler” status for entering the United States, but also an opportunity for the United States to take the lead in the geopolitical competition surrounding the Panama Canal...

csis.org - Key decision point coming panama canal
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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