A cargo ship sails past the Panama Canal's Port of Balboa, managed by CK Hutchison Holdings, in Panama City, March 13, 2025. Photo: VCG

The US' latest claim that China is trying to take control over Panama Canal has drawn rebuttals from Spanish-language media outlets, while a Chinese businessman based in Panama told the Global Times that the canal's core operations rest entirely in the hands of the Panamanian authorities, making the claim of the so-called Chinese pursuit of control of the canal completely groundless.

US President Donald Trump claimed ⁠on Wednesday that the US will not let ‌China ⁠take over the Panama Canal, Reuters reported. In delivering remarks at the opening of the Theodore Roosevelt Presidential Library, Trump claimed "China is trying to take over the Panama Canal, and we're not going to let that happen," according to the NBC.

The remarks quickly drew criticism from Spanish-language media. Colombian news magazine Semana cited a statement from the Chinese Embassy in Panama, which said that China has never participated in the management or operation of the Panama Canal, nor has it ever interfered in the canal's affairs. The embassy said China has always respected Panama's sovereignty over the canal and recognizes it as a permanently neutral international waterway.

Trump's claim that the Panama Canal was sold to Panama "for one dollar" in 1977 has been widely questioned by historians, Panama-based newspaper La Estrella de Panamá reported.

The Torrijos-Carter Treaties was signed by the Panamanian and US governments in 1977, establishing that the Panama Canal would be turned over to Panamanian control on Dec 31, 1999, and the treaties were the outcome of bilateral negotiations between the two countries, according to the report.

The report noted that this is not the first time the US has used the Panama Canal as a political bargaining chip, and that the Panamanian government has repeatedly reaffirmed that sovereignty over the canal belongs to Panama, and that it is a permanently neutral international shipping waterway.
 
Refuting the false narrative that "China is controlling the Panama Canal", a Chinese businessman surnamed Xu, who has been engaged in trade in Panama for a long time, told the Global Times on Friday that core functions of the canal - including channel scheduling, transit approval and the setting of toll rules - are entirely in the hands of the Panamanian authorities.

Hong Kong-based CK Hutchison only obtained commercial operating rights for cargo handling and warehousing at terminals on both ends of the canal through open bidding, which constitutes market-based supporting investment and by no means amounts to overall control of the canal, Xu said, noting that all Chinese vessels transiting the canal pay tolls in full under the same standards applied to shipping companies worldwide, and the claim that China seeks control of the canal is completely untenable.

In the eyes of the Panamanian public, it is the US that has long and deeply shaped the geopolitical security landscape surrounding the canal, Xu said. Relying on historical treaties, the US retains the power to send troops to Panama if it unilaterally determines a security risk exists, and has repeatedly exerted pressure on the country through various means. By hyping the "China threat" narrative, the US is in fact seeking a pretext to maintain its hegemony over the waterway, he said.

Panama's public and business communities widely recognize the value of cooperation with China, Xu noted. Since the establishment of diplomatic ties between China and Panama in 2017, China has helped resume local infrastructure projects and supported the development of Panama's coffee industry through the platform of the UN Food and Agriculture Organization, with the practical cooperation winning broad recognition from various sectors in the country, he said.

Chinese Foreign Ministry spokesperson Lin Jian said on April 29 that it is the US that has framed normal affairs concerning relevant terminals as issues of politics and security, and it is the US that has been making pretenses and slandering others with rumors.

"China's position on the Panamanian ports issue is clear and [China] will firmly defend its legitimate rights and interests. We urge relevant countries not to be blinded and utilized by those with ill intention," Lin said.