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Would huge Nicaragua canal be win for China?

Nov 25 , 2014

When plans were announced to build a giant new transoceanic canal across Nicaragua, the young Hong Kong businessman leading the project acknowledged the widespread skepticism. "We don't want it to become an international joke," said Wang Jing, a 40-year-old with no significant engineering experience and a background he described as "very normal."

That was in June 2013, when the Nicaraguan legislature, controlled by President Daniel Ortega, had just allowed Wang to move forward with his five-year project .

It is not certain that the canal, which would be one of the most ambitious and expensive engineering projects on Earth, will ever get built. But it looks set to move forward, and even some of the most determined doubters are starting to reconsider.

Real full article HERE

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