China distribution switchgear in Panama

Did China influence the Panama Ports Company?

To counter allegations of Chinese influence, the Panamanian authorities announced “an exhaustive audit” of the Panama Ports Company, part of Hutchison Ports, itself a subsidiary of Hong Kong-based conglomerate CK Hutchison Holdings.

Does China pay more for the Panama Canal?

Since 75% of all ships are American and only 21% from China, the canal’s second biggest customer, the US inevitably pays more overall. But Chinese influence in Panama does not stop at Hutchison Ports. In recent years, China has spent billions of dollars developing infrastructure around the canal and elsewhere in Panama.

Where are Panama importers & distributors located?

Some of Panama’s leading importers are also regional distributors for Central and South America with warehousing facilities located in the Colón Free Zone (CFZ). Usually, CFZ importers/distributors have affiliated stores in Panama City for retail sales to the local market.

Are Chinese troops stationed in the Panama Canal?

There are no Chinese military personnel stationed in Panama, instead, the Panama Canal Advisory Board is chaired by retired Admiral William J. Flanagan, who was head of the U.S. Southern Command. False claim: “The Chinese company that operates two ports at the entrances to the Panama Canal can close them whenever the Chinese government orders it.”