A couple of things that I recently saw that are related to the above:
Panama "kicks out" Chinese backed port operator at Panama Canal.
https://www.ft.com/content/a2a97a04-b8bd-4088-8f58-ac17adb9bf85
Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, known as Panama Ports Company (PPC).
The publication finalizes the legal annulment of concessions for the Balboa and Cristobal terminals near the Panama Canal, which Panama Ports Company, a subsidiary of CK Hutchison, had operated for nearly three decades.
The ruling, issued in late January, came amid growing U.S.-China rivalry over global trade routes and marks a win for Washington. U.S. President Donald Trump has pushed to curb Chinese influence over the Panama Canal, which carries about 5% of global maritime trade.
CK Hutchison said Panamanian authorities made "direct physical entrance" to the Balboa and Cristobal ports on Monday to remove PPC employees who were threatened with criminal prosecution if they defied orders. CK Hutchison said PPC staff were told not to make contact with the company.
"CKH considers the ruling, the executive decree, the purported termination of PPC’s concession, and the takeover of the terminals to be unlawful," CK Hutchison said in a statement to the Hong Kong Stock Exchange.
"The actions by the Panama State also raise serious risks to the operations, health and safety at the Balboa and Cristobal terminals."
CK Hutchison said it was liaising with its legal counsel on pursuing national and international legal action against Panama and third parties.
Second news:
Similar to what has happened in Laos
https://broadsheet.asia/2025/09/30/indonesias-china-backed-high-speed-rail-faces-financial-crisis/
Indonesia’s ambitious high-speed rail project, a cornerstone of China’s Belt and Road Initiative, is teetering on the brink of financial collapse just over a year after its launch in October 2023. Connecting Jakarta to Bandung over a 140-kilometer stretch, the rail line was heralded as Southeast Asia’s first high-speed service, promising to transform transportation in the region. Yet, with ridership far below projections, costs spiraling out of control, and deficits mounting, the project has become a cautionary tale for infrastructure ventures across the region, raising questions about debt sustainability and the long-term viability of such partnerships.