Beijing funds 363 ports outside the Panama Canal to safeguard against East-West decoupling and US bid to curb China’s supply chain influence.

A Hong Kong operator has lost control of the Panama Canal, one of the world’s most pivotal waterways for merchant ships, but university researchers said this week that Chinese state institutions have funded hundreds of other seaports around the world. Specifically, they have invested a total of US$23.9 billion over the past quarter century in 363 ports and related activities abroad, according to AidData, a research lab at William & Mary University in the United States. AidData called the…

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