Cambodia and Nicaragua getting China-backed, game-changing canals. China’s partners get infrastructure and development. West’s vassals get military occupation and color revolutions.
This is a very big deal. China will build a 180km long canal from the Mekong river to link Cambodia’s capital Phnom Penh directly to a deep-water port in Cambodian waters in the Gulf of Thailand. Previously Cambodia had to do its shipping exports via Vietnam, following the Mekong. Which carried risks: in 1994, the lack of a canal allowed Vietnam to block Cambodia’s shipping through the Mekong Delta because of a feud between the two countries. Cambodia’s Prime Minister Hun Manet said the canal would finally enable Cambodians to be “breathing through our own nose”. This new canal would break Vietnam’s Mekong mouth monopoly, not only for Cambodia but also presumably for landlocked Laos up North, and also maybe even China themselves (the Mekong originates in China where it’s called Lancang river). Interestingly there’s no debt involved: this is directly financed by China, in exchange of which the Chinese companies involved would be getting the profits from charging for passage through the canal for a period of 40-50 years, before transferring the management of the canal to the Cambodian government (Arnaud Bertrand on X: “This is a very big deal. China will build a 180km long canal from the Mekong river to link Cambodia’s capital Phnom Penh directly to a deep-water port in Cambodian waters in the Gulf of Thailand. Previously Cambodia had to do its shipping exports via Vietnam, following the… https://t.co/YMp0W9ZtNe” / X (twitter.com))
The biggest earthmoving project in world history – will cut poverty in half, double the country’s GDP growth and energize Central American integration by servicing a boom in global shipping that will quickly outgrow even the newly enlarged Panama Canal.
https://www.cmhi.com.hk/chinas-massive-nicaragua-canal-project/
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