Panama’s president hits back after China threat in canal ports row

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Panama's President Jose Raul Mulino rejected China's threat of repercussions after a Hong Kong-based company, CK Hutchison, was evicted from operating two ports on the Panama Canal. The eviction followed a ruling by Panama's Supreme Court that CK Hutchison's concession was unconstitutional, a decision criticized by China. President Mulino asserted Panama's commitment to the rule of law and the independence of its judiciary. The situation highlights the ongoing competition between the U.S. and China for influence in Latin America, with the U.S. having pressured Panama to cancel the contract. The Panamanian Foreign Ministry is expected to issue a statement and take further action.
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