Monday, June 10, 2013

China in Latin America


We spoke on Sunday about China's growing influence in Latin America.

For example, Nicaragua and China are talking about an alternative canal to the existing Panama Canal:

"Nicaragua has awarded a Chinese company a 100-year concession to build an alternative to the Panama Canal, in a step that looks set to have profound geopolitical ramifications.
The president of the country's national assembly, Rene Nuñez, announced the $40bn (£26bn) project, which will reinforce Beijing's growing influence on global trade and weaken US dominance over the key shipping route between the Pacific and Atlantic oceans." (UK Guardian)

This is a huge step forward for China in our backyard.  It won't be long before Chinese Navy ships are sailing the Gulf of Mexico.

Why is this happening?  The answer is that the US has not been paying attention to the region.

Click here for Sunday's show:


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