Chinese Billionaire Signs Deal for 100 year Takeover of Nicaragua’s New ‘Grand Canal’ Project
21st Century Wire
Plans are afoot for a new Nicaraguan canal which that would dwarf the existing Panama Canal to its south, but the only problem is that the project will effectively partition central America’s largest lake.
Although the deal has been fast-tracked by the Ortega government, the local population do not support it at all, not least of all because the project will decimate Lake Nicaragua – the region’s most valuable natural resource.
Local residents are threatening nothing short of armed insurrection, if (or when) Chinese bulldozers show up: “There is going to be a massacre because we are not leaving our land, our lives, and we’ll fight for it until death.”
Chinese billionaire Wang Jing celebrates deal with Nicaraguan President Daniel Ortega (Image: Bloomberg)
CONTINUE READING........