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Panama president says he won’t renew Belt and Road deal with China, as US demands less Chinese influence over canal

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President Raúl Mulino says Panama 's sovereignty over the Panama Canal is not up for debate.

He says he addressed concerns over China ’s presence around the vital waterway.

Mulino also says Panama will not renew a 2017 memorandum of understanding to join China 's overseas development initiative, known as the Belt and Road , and suggested that the deal could end early.