Chinese leader Xi Jinping is angry about a Hong Kong company’s plan to sell Panama Canal ports to a U.S.-led group. The Xi leadership had originally planned to use the Panama port issue as a bargaining chip in negotiations with the Trump administration. President Trump, who in the first minutes of his administration called for the U.S. to reassert control over the canal, celebrated the deal as a victory over Chinese interests in America’s backyard. Both Trump and Xi see Panama as a symbol of the U.S.-China battle for global influence. 

Read more: https://www.wsj.com/world/china/chinas-xi-is-angered-by-panama-port-deal-that-trump-touted-as-a-win-9a0c22fe?mod=world_lead_pos3