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After Trump pressure, China sells Panama port terminals to US private equity firm, MSC
Freight Waves ^ | 3-4-25 | Stuart Chilrls

Posted on 03/06/2025 4:53:14 AM PST by Strict9

In a blockbuster deal that could shift the balance of power in global port operations, a consortium of U.S. private equity firm BlackRock and MSC of Geneva has agreed to purchase the non-Chinese assets of Hong Kong-based subsidiary Hutchison Port Holdings, including terminals at the ports of Balboa and Cristobal in Panama.

The news follows disputed claims by President Donald Trump that the Chinese military was controlling the Panama Canal, and that American vessels were being cheated on transit tolls. Trump also threatened U.S. action to wrest control of the waterway, a key route for military and merchant vessels between

(Excerpt) Read more at freightwaves.com ...


TOPICS: Education; Military/Veterans
KEYWORDS: china; trump
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China talks tough for a country that just killed millions of people and tanked world economies with their bat-virus weapon. The 3-Gorges dam can’t collapse fast enough.
1 posted on 03/06/2025 4:53:14 AM PST by Strict9
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To: Strict9

Yay, Blackrock! Our saviors! We’re in good hands now.


2 posted on 03/06/2025 4:55:07 AM PST by 9YearLurker
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To: Strict9

Yay, Blackrock! Our saviors! We’re in good hands now.


3 posted on 03/06/2025 4:55:30 AM PST by 9YearLurker
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To: 9YearLurker

I still prefer them over the chinamen.


4 posted on 03/06/2025 4:56:09 AM PST by Strict9
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To: Strict9

Larry Fink, the head of Blackrock, and Trump are very good friends....have been....for years.


5 posted on 03/06/2025 4:58:35 AM PST by Sacajaweau
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To: Sacajaweau

The thing I like about Larry Fink is that he didn’t engineer a virus to kill millions of people worldwide.


6 posted on 03/06/2025 5:01:15 AM PST by Strict9
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To: Strict9

https://www.yahoo.com/news/behind-blackrock-play-panama-canal-013520934.html


7 posted on 03/06/2025 5:01:33 AM PST by Sacajaweau
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To: Strict9
China sells Panama port terminals to US private equity firm, MSC

vs

BlackRock and MSC of Geneva has agreed to purchase the non-Chinese assets of Hong Kong-based subsidiary Hutchison Port Holdings

Can someone explain the dichotomy? It's either author idiocy or some type of gaslighting on a topic of which I'm admittedly ignorant (and too busy to investigate).

8 posted on 03/06/2025 5:07:32 AM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: Strict9

https://whoislarryfink.com/


9 posted on 03/06/2025 5:08:02 AM PST by 9YearLurker
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To: Strict9

https://whoislarryfink.com/


10 posted on 03/06/2025 5:08:06 AM PST by 9YearLurker
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To: Strict9

I’m not sure what Blackrock’s strategy is in this, but for MSC transit charges for freight and cruise ships through the canal has to be one of their largest expenses. Having some control over that, and/or payback for it, has to be a smart move.


11 posted on 03/06/2025 5:19:45 AM PST by omni-scientist
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To: omni-scientist

I’m going to say it’s a step in the right direction because you should have exactly zero to do with the Chinese. Decouple.


12 posted on 03/06/2025 5:27:05 AM PST by Strict9
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To: Strict9; 9YearLurker

“I still prefer them over the chinamen.”

BlackRock owns China.


13 posted on 03/06/2025 5:40:33 AM PST by Openurmind
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To: omni-scientist

“I’m not sure what Blackrock’s strategy is in this”

BlackRock is the investment firm for Hong Kong-based subsidiary Hutchison Port Holdings. So they are literally buying it from themselves.


14 posted on 03/06/2025 5:44:52 AM PST by Openurmind
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To: Openurmind; Strict9

Or it may be like the old saying (updated for dollars: “Owe the bank $100K and they own you; owe the bank $1B and you own them.”


15 posted on 03/06/2025 5:44:56 AM PST by 9YearLurker
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To: 9YearLurker

https://www.reuters.com/business/finance/blackrock-wins-chinese-regulatory-approval-onshore-mutual-fund-business-2021-06-11/


16 posted on 03/06/2025 5:48:41 AM PST by Openurmind
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To: logi_cal869

“BlackRock and MSC of Geneva has agreed to purchase the non-Chinese assets of Hong Kong-based subsidiary Hutchison Port Holdings”

Exactly. How did China sell the terminals when we purchased “non-Chinese assets”


17 posted on 03/06/2025 5:51:17 AM PST by Brooklyn Attitude (Election day 2024, Happy Days Are Here Again!)
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To: Strict9

There was no deadly, spreading “virus”. Do a little background research, maybe starting here:

https://denisrancourt.ca/entries.php?id=130&name=2023_06_22_there_was_no_pandemic_essay


18 posted on 03/06/2025 6:06:29 AM PST by 9YearLurker
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To: Brooklyn Attitude

It ‘could’ be that it was a chinese broker...

...but that’s a stretch, ya know?


19 posted on 03/06/2025 6:08:32 AM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: Brooklyn Attitude

Later in the article:

“BlackRock’s (NYSE: BLK) Global Infrastructure Partners unit partnered on the $22.8 billion deal with Terminal Investment Limited (TiL), backed by MSC, the world’s largest ocean container line. It does not include HPH port properties in Hong Kong or China.”


20 posted on 03/06/2025 6:12:46 AM PST by 9YearLurker
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