Friday, April 26, 2024

Logo Central America Link

The Nicaragua canal explained, perhaps

Thursday, June 18, 2015


Why is Chinese billionaire Wang Jing so keen to develop the Nicaragua canal. The most credible explanation is that it’s not just the canal, that interests him.

The canal will be at the center of a network of ports, roads, and free trade zones that the billionaire also plans on building. With a base in Nicaragua, Wang and other Chinese companies can take advantage of cheaper production and access to Mexico, the US, and South America.




Source: Quarz