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China To Build Nicaragua Canal, "World's Largest Infrastructure Project Ever"
Zero Hedge ^ | 8-6-2014 | Tyler Durden

Posted on 08/06/2014 9:14:07 PM PDT by blam

Tyler Durden
08/06/2014

A month ago, a Nicaraguan committee approved Chinese billionaire Wang Jing's project to create The Nicaraguan Canal. With a planned capacity to accommodate ships with loaded displacement of 400,000 tons (notably bigger than The Panama Canal), the proposed 278-kilometer-long canal that will run across the Nicaragua isthmus would probably change the landscape of the world's maritime trade.

"The project is the largest infrastructure project ever in the history of man in terms of engineering difficulty, investment scale, workload and its global impact," Wang told reporters, adding that with regard the project's financing, which is around $50 billion, Wang seems quite confident, "If you can deliver, you will find all the world's money at your disposal."

Worried about conservation? Don't be: "We have 100-year concession rights, we will be responsible to ourselves, and we are there to build, not to destroy," explained Wang.

As China Global Times reports,

"In the mountains and rivers of Central America, work on one of the world's largest infrastructure projects is progressing as planned, driven by Chinese billionaire Wang Jing."

...

The Nicaragua Canal, which is about four times the length of the Panama Canal, will connect the Atlantic Ocean and the Pacific Ocean upon its completion. The project is estimated to cost $50 billion.

"Our canal lock is 15-meter-thick, hard steel. Imagine its size. [It'll be] the world's largest," the 41-year-old Wang said"

(snip)

(Excerpt) Read more at zerohedge.com ...


TOPICS: News/Current Events
KEYWORDS: china; nicaragua; nicaraguacanal; panamacanal; shipping
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1 posted on 08/06/2014 9:14:08 PM PDT by blam
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To: blam

Bump.

We used to do stuff like that.


2 posted on 08/06/2014 9:15:43 PM PDT by Jet Jaguar (Resist in place.)
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To: blam

Accompanied no doubt by a veritable army of Chinese
workers and administrators...


3 posted on 08/06/2014 9:16:48 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: blam

Dang. I thought the Chinese already had some sort of hold on the Panama Canal!


4 posted on 08/06/2014 9:20:14 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: blam

No doubt the Chinese will not give theirs up as easily as we did.


5 posted on 08/06/2014 9:20:36 PM PDT by Telepathic Intruder (The only thing the Left has learned from the failures of socialism is not to call it that)
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To: blam

The Chinese will kill 3 million of their own people before they walk away, maybe more with any luck.


6 posted on 08/06/2014 9:21:43 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: blam

I wonder how much gold prospecting they will do on the way?


7 posted on 08/06/2014 9:24:24 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Jet Jaguar
We used to do stuff like that.

Was that us? I thought I recalled reading that we sent a dozen or more guys to the moon, too, but that had to be some other country they were talking about.

8 posted on 08/06/2014 9:28:19 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: BradyLS
Yes, thanks to Carter.

Whereas TR said (openly) “I took Panama”, Hsi Chin-p’ing now says (figuratively) “I took Panama and Nicaragua.”
9 posted on 08/06/2014 9:31:09 PM PDT by Olog-hai
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To: Telepathic Intruder

We should have built it decades ago—Next will come a huge population of Chinese workers to build it and oversee it—They will come north and enter the USA. Wait for 2 million Chinese to come accross the border—Watch as the Chinese take over Nicaragua—and push out the Latinos and replace them with Asians. The Chinese thing in long term plans-—they think 100 years in advance.


10 posted on 08/06/2014 9:31:49 PM PDT by Forward the Light Brigade (Into the Jaws of H*ll Onward! Ride to the sound of the guns!)
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To: blam
Wow. Good thing that John F. Kerry declared the Monroe Doctrine “over”. We might have had to step in or something. </sarcasm>
11 posted on 08/06/2014 9:32:58 PM PDT by Olog-hai
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To: blam

This pretty much will kill LA/Long Beach ports.

It will be nice not having all those trucks on the road.


12 posted on 08/06/2014 9:33:33 PM PDT by rottndog ('Live Free Or Die' Ain't just words on a bumber sticker...or a tagline.)
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To: blam

it’s also a great excuse to ship 1,000,000 chinese regulars in the region


13 posted on 08/06/2014 9:33:34 PM PDT by sten (fighting tyranny never goes out of style)
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To: blam
"Our canal lock is 15-meter-thick, hard steel.

it also sounds like they're building a hardened asset that would be less likely to be destroyed in a conflict with the US (nuking panama to insure no ships sail thru is always a plan... this might be a bit tougher)

14 posted on 08/06/2014 9:36:04 PM PDT by sten (fighting tyranny never goes out of style)
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To: blam
Maybe the Chinese will pay enough so all the recent Central American illegals return home... well, except for the gang members who the Chinese don't want.
15 posted on 08/06/2014 9:39:25 PM PDT by KarlInOhio (The IRS: either criminally irresponsible in backup procedures or criminally responsible of coverup.)
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To: rottndog

If I were Mexico I would develop a pacific and Atlantic port. Mexican trucks can deliver the goods north and the shippers will pay lower unloading fees with no longshoremans union to deal with


16 posted on 08/06/2014 9:40:19 PM PDT by morphing libertarian
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To: blam

It is about time someone finally did this. Too bad we can’t/won’t do projects like this any more.

We could, probably, but the greenies and lawyers would bring it to a halt before the first shovel of dirt was turned.


17 posted on 08/06/2014 9:42:23 PM PDT by BwanaNdege ( "Our Emperor may have no clothes, but doesn't he have a wonderful tan" - MSM)
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To: Forward the Light Brigade

We actually examined the idea of building a sea level canal using atomic bombs underground to create a string of craters from sea to sea. We didn’t do it, but I miss the times when Americans would imagine it at least!

http://phys.org/news9083.html

“Sedan was the first in a series of experiments designed to perfect the techniques of nuclear excavation. The Sedan explosion occurred 635-feet below ground. The desert floor formed a dome 290-feet, moving 12-million tons of rock and leaving behind a crater 1,200-feet across and 320-feet deep.”

http://www.globalsecurity.org/military/facility/panama-canal-sea-level-1.htm


18 posted on 08/06/2014 9:42:45 PM PDT by Mr Rogers
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To: Jet Jaguar

19 posted on 08/06/2014 9:43:05 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: morphing libertarian

I thought I’d heard about deep water ports being developed in Mexico awhile back, just for the purpose of getting around the longshoremen.

It’s a good idea anyway, but Mexico being the third world toilet that it is, would only muck it up.


20 posted on 08/06/2014 9:43:42 PM PDT by rottndog ('Live Free Or Die' Ain't just words on a bumber sticker...or a tagline.)
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