One of the key battlegrounds in the U.S.-China rivalry, Panama, has made headlines recently with new developments. Earlier, Hong Kong's richest man, Li Ka-shing, became a focus of international attention after facing heavy pressure from the Chinese Communist Party (CCP) due to his sale of Panama’s ports to the U.S. investment firm BlackRock. Panama's government recently stated that it might revoke the operating rights due to alleged contract violations by Li's company.
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