BlackRock's Fink made Trump happy with Panama Canal deal. The cost may be an unhappy China.

By Yahoo! Finance   |   1 month ago
BlackRock's Fink made Trump happy with Panama Canal deal. The cost may be an unhappy China.

BlackRock CEO orchestrated a Panama Canal port deal that angered Xi Jinping. The $22.8 billion deal led by BlackRock may face opposition from China due to not seeking preapproval. The deal could impact BlackRock's credibility and stock price if it falls through.

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