Hutchison Whampoa controls the Panama Canal.
Hutchison Whampoa neither runs or controls the Panama Canal. The Republic of Panama does. If NewsMax is so full of misinformation about Panama, I cant trust it to be correct about other news items.
..."It's one more piece of evidence that the Clinton administration was lying about Communist Chinese intentions in Panama," Judicial Watch President Tom Fitton told the Washington Times.
According to the April 22, 1998, intelligence report, an article from the Defense Intelligence Agency intelligence information service headed "Panama: China Awaits U.S. Departure" stated "Li Ka-shing, the owner of Hutchison Whampoa Lt. (HW) and Cheung Kong International holdings Ltd. (CK) is planning to take control of Panama Canal operations when the U.S. transfers it to Panama in December 99,"
"Li is directly connected to Beijing and is willing to use his business influence to further the aims of Chinese government," the report states. An army intelligence analyst is quoted in the report as noting that "Li's interest in the canal is not only strategic, but also a means for outside financial opportunities for the Chinese government."...