Panama out, but study says China investing US$23.9 billion in world’s seaports

AI Summary
A recent study by AidData at William & Mary University reveals that Chinese state institutions have invested US$23.9 billion in 363 seaports and related activities worldwide over the past 25 years. The research indicates that nearly half of this investment is directed towards ports in high-income countries, including Australia, Spain, and Singapore. This extensive port financing is seen as a strategic move to safeguard against potential East-West supply chain decoupling. The study highlights China's significant presence in global ports, suggesting the US cannot currently avoid Chinese supply chains. This news follows Panama's recent reclaiming of control over two ports previously operated by a Hong Kong conglomerate. The most heavily financed ports include locations in Sri Lanka, Australia, Cameroon, and Israel.
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