Investing.com -- US Defense Secretary Pete Hegseth has highlighted the significant presence of Chinese companies in Panama, raising concerns about the potential risk of espionage. Hegseth emphasized that China did not construct the canal and "will not weaponize it."

In an effort to counteract Chinese influence in the region, Hegseth announced that the US intends to regain control over the Panama Canal. This statement comes amid the growing presence of Chinese firms in Panama, which has sparked concerns about national security and the potential for information gathering by foreign entities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.