Panama strikes balance between Washington and Beijing
The Vatican may be considered more important, but Panama is arguably the most strategic prize in Beijing’s quest to isolate Taiwan diplomatically, not to mention extending its influence in America’s backyard.
But what really sets Panama apart is its historical importance, given its role in global trade, US prosperity and its national security. The United States is therefore very sensitive to Panama’s relations with China. That is why President Juan Carlos Varela, in Beijing for a week, went out of his way to strike a balance.
Source: South China Morning Post