looking beyond borders

foreign policy and global economy

What The New Panama Canal Tells Us About Globalization

Tens of thousands of people from all around the world had come to see the miracle happen. A giant Chinese ship carrying an astonishing 9,000 containers approached the locks. And then it happened. Seven years after the works were first started, and 102 years after the opening of the first canal, the new, expanded Panama Canal quite literally opened its doors. The crowd cheered, the ship passed through. The canal was open for business.

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