A Chinese telecom billionaire has joined forces with Nicaragua's famously anti-American president to construct a waterway between the Caribbean Sea and the Pacific Ocean to rival the Panama Canal.
The massive engineering undertaking would literally slice through Nicaragua and be large enough to accommodate the supertankers that are the hallmark of fleets around the world today.
The proposed channel in what is virtually America's backyard would dwarf the Panama Canal built a century ago under U.S. entrepreneurship.
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