China’s growing foothold over the Panama Canal isn’t just fueling its own commercial interests, it also appears to be helping America’s adversaries engage side-step sanctions, court documents obtained by the Daily Caller News Foundation show.
China has expanded its presence considerably in the Panama Canal since former President Jimmy Carter sold the shipping lane to Panama for $1 in 1977, and is funding multi-billion dollar infrastructure projects in the surrounding countryside while buying up ports to solidify its foothold. It’s also been a boon to American adversaries, like Iran.
