He Was China’s Man in Panama. Then He Became a Wanted Man.
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He Was China’s Man in Panama. Then He Became a Wanted Man.

The New York Times • • world

Key Points:

  • Zhang Liang, a Chinese dealmaker, was arrested in Panama City in July after authorities acted on an Interpol red notice issued by China, seeking his extradition on embezzlement charges involving approximately $300 million.
  • Zhang was detained immediately upon identification and has remained in custody since the arrest.
  • His arrest marks a significant reversal for Zhang, who had been involved in facilitating Chinese influence in Panama, notably overseeing a major port project converting a former U.S. military base into Latin America's largest container terminal.
  • The port project was strategically important for China, providing a foothold near the Panama Canal, a critical global trade route.
  • Zhang's case illustrates the complexities and tensions in China's international dealings and its efforts to expand influence through infrastructure investments abroad.

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