China Morning Missive Talk about regulatory capture, only this time it’s on the sovereign level. Pressure was applied by the Trump administration and as a result CK Holdings, a Hong Kong company, exited from its operational contracts to run the Panama Canal. The new owners is nonother than a BlackRock led consortium. Not that I am at all surprised. www.reuters.com/markets/deals/ck-hutchison-sell-80-stake-hutchison-ports-group-1777-billion-deal-2025-03-04