As the Chinese Foreign Ministry said via a spokesperson, China has not participated in the management and operation of the ...
The Panama Canal Authority leader denied that China controls the waterway, warning President-elect Trump against ending the Neutrality Treaty.
"China is using the Panama Canal and we did not give it to China. We gave it to Panama. And we will get it back," Trump said ...
The US transferred control to the state-owned Panama Canal Authority in 1999 in accordance with the Torrijos-Carter Treaties, initiated in 1977 by the Carter administration. Under the treaty, the US ...
The United States spent almost $500 million (roughly equivalent to $15.2 billion in 2023) to finish the Panama Canal project.