China’s Nicaragua ambitions
How do Beijing’s grand infrastructure deals fit into the nation’s broader ambitions?
Nicaragua is building a $50bn shipping canal aimed as an ambitious rival to the Panama Canal. The project is backed by a Chinese telecommunications and mining mogul in the hopes to revitalize the economy of the second-poorest country in the Americas.
China also recently signed billions of dollars in deals to build a highway in Monetnegro, and infrastructure in Nigeria.
What will the Nicaragua project really bring and how do China’s other infrastructure deals fit into the nation’s broader ambitions?
Al Jazeera’s Adrian Brown reports from Beijing.
Published On 28 Dec 2014