The $40 Billion Chinese Plan To Build A Waterway Across Nicaragua Sounds Ridiculous

"Nicaragua has approved plans for a mysterious Hong Kong-based company to build an estimated $40 billion canal across the middle of the country...

...which would have to be roughly three times as long as the 50-mile Panama Canal...

The path would certainly cross Lake Nicaragua — meaning the water used by the canal's locks could seriously deplete the lake.


""We're talking about national hegemony. China is looking to turn itself into the predominant economic power. Whoever dominates trade, dominates the world.""

China has been actively investing in Latin America. In March Ecuador agreed to auction off three million of the country's 8.1 million hectares of pristine Amazonian rainforest to Chinese oil companies."