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US Embassy in Nicaragua Voices Concerns over Chinese-led Canal

The U.S. Embassy in Nicaragua said on Tuesday it was concerned by a lack of information surrounding the planned $50-billion, Chinese-led canal that would bisect the poor Central American nation. Work began in late December on the 172-mile (278-km) waterway, which its Hong Kong-based developer HK Nicaragua Canal Development Investment Co Ltd (HKND Group) has said will be operational by 2020. So far, the project has been met with widespread skepticism. HKND Group is controlled by a...

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