Part 2/6:
The Threat of Economic Leverage
While it is claimed that China does not technically control the Panama Canal, the reasoning behind such assertions is complex and often misleading. The companies involved in the management of key facilities are based in Hong Kong, which some argue allows for a semblance of autonomy. However, the reality is that any company operating within the jurisdiction of China is obligated to comply with directives from the Chinese government. This raises legitimate concerns about the potential for the Chinese government to leverage control over these companies, thereby affecting shipping and military operations in the Canal in times of conflict.