A senior Panamanian official said on Monday that Panama will remain flexible and potentially reach an agreement with CK Hutchison as the Latin American country navigates the geopolitical rivalry between the United States and China. “We are working on a plan in case that [Panama’s Supreme Court] ruling goes against the extension of the contract” for CK Hutchison, said Jose Ramon Icaza, Panama’s minister of canal affairs. “In that case, we have to step in as the Panama Maritime Authority to take...