China accuses U.S. of coercion after Panama withdraws infrastructure agreement, in response to U.S. threat to reclaim Panama Canal. The Belt and Road Initiative faces criticism over debt and environmental impacts. Panama resists U.S. pressure but may consider compromising on canal control.
Key Points
China accuses U.S. of coercion after Panama withdraws agreement
Belt and Road Initiative faces criticism over debt and environmental impacts
Panama resists U.S. pressure but may consider a compromise on canal control
Pros
Belt and Road Initiative connects China with other regions through infrastructure projects
Panama resists U.S. pressure to control the Panama Canal
Cons
Concerns over debt burdens and environmental impacts of Belt and Road Initiative
Speculation of compromise on canal control due to U.S. pressure