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China's Cosco seeks veto power in buying Li Ka-shing's ports, alarming US over Panama Canal influence.
China's state-owned shipping company, Cosco, is seeking veto power in a consortium buying Hong Kong tycoon Li Ka-shing's 43 overseas ports, including two key Panama Canal locations.
The move has sparked tensions, with US President Trump criticizing it as a challenge to US influence in the Panama Canal.
Chinese regulators are investigating the deal, and negotiations over Cosco's role are ongoing.
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Cosco de China busca el poder de veto para comprar los puertos de Li Ka-shing, alarmando a EE.UU. sobre la influencia del Canal de Panamá.