So, we now know that Wall St. heavyweight Blackrock has worked a deal for port operations in the former CAnal Zone, now known as Panama. The investment bank signed on with Hutchinson Co. of Hong Kong to buy a majority interest in port ops, east and west ends of the canal. And Beijing-(Xi & Co.) doesn't like this. What can they do about it. Very little as it turns out. Hutchinson & Co. started moving money and ops out of Hong Kong years ago after the billionaire head of the company realized that Xi would be an opponent of good business practice.
Bye, bye, Hong Kong; Hello any place else.
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