[Strict9]

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.

[9YearLurker]

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

[9YearLurker]

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

[Sacajaweau]

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

[logi_cal869]

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).

[omni-scientist]

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.