Panama could pay heavy price over CK Hutchison ports ruling, Beijing warns

South China Morning PostCenter-RightEN 1 min read 100% complete by Ambrose LiFebruary 3, 2026 at 05:28 PM

AI Summary

short article 1 min

Beijing has criticized a Panamanian Supreme Court ruling that nullified CK Hutchison Holdings' right to operate two major ports at the Panama Canal. The Hong Kong and Macau Affairs Office stated the ruling is "legally unfounded" and will damage Panama's business environment and international trade rules. The office claims Panama previously confirmed CK Hutchison had complied with contractual terms for nearly 30 years. Beijing has vowed to protect the rights of Chinese enterprises and warns Panama could face political and economic consequences if it persists with the ruling. The office's commentary suggests the ruling is "self-sabotaging" and "utter preposterousness" on the part of Panamanian authorities.

Key Entities & Roles

Key Player Opposition Context

China 40% Hong Kong and Macau Affairs Office 50% Hong Kong ×260% CK Hutchison Holdings 70% Beijing ×280% Panama ×690%

Keywords

ck hutchison 80% panama canal 80% port concession 70% court ruling 70% beijing 70% economic price 60% political price 60% business environment 50% international trade 50% contractual obligations 40%