Activists renew calls for controversial US$50 billion Nicaragua Canal project to be cancelled as Chinese tycoon’s cash runs dry
After sealing a US$50 billion deal for an ambitious canal to be built in Nicaragua, President Daniel Ortega and Chinese billionaire Wang Jing posed triumphantly in front of cameras on June 14, 2013.Wang’s Hong Kong-based HKND Group had been granted a concession to build and operate the Nicaragua Canal for 50 years – with the…