China demanded Europe’s two largest shipping companies cease operating ports on the Panama Canal, just weeks after they took over from a Hong Kong-based group that was ejected from the terminals.
In a meeting with China’s state planner last month, Danish shipping group Maersk and Switzerland-based Mediterranean Shipping Company were told to withdraw from the Balboa and Cristóbal ports immediately, said two people familiar with the talks.
They were also told not to “engage in illegal activities that harm the interests of Chinese companies, and to uphold commercial ethics and international rules”, said a third person.
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