China Criticizes U.S. ‘Cold War Mentality’ Over Panama Canal Ruling
China condemns U.S. remarks on Panama’s termination of CK Hutchison’s port contract, accusing Washington of ‘cold war mentality’ and vowing to protect Chinese firms.
News & Insights Across Asia
China condemns U.S. remarks on Panama’s termination of CK Hutchison’s port contract, accusing Washington of ‘cold war mentality’ and vowing to protect Chinese firms.
China pledges to protect firms after Panama voids port contract near the Panama Canal, raising questions about infrastructure investments and trade ties.
China’s overseas investments grew by 16.6% in the first half of 2024, indicating increased global market engagement and significant growth under the Belt and Road Initiative.
China’s non-financial outbound direct investment surged by 16.3% year-on-year to $60.2 billion in the first five months, showcasing strengthened cooperation with global partners.
Overseas investors increased their holdings of China’s domestic bonds by $41.6 billion in Q1 2024, signaling growing confidence in China’s economy and financial markets.