China plans Colombian rail link to challenge Panama canal

A link between Cartagena in the Caribbean to an unspecified site on the country's Pacific coast would facilitate Chinese imports It is a dream that bewitched Spain, ruined Scotland, stumped France and empowered the US: a path from the Atlantic to the Pacific oceans. The ambition unleashed ruinous follies in Panama's jungles until the US finally finished a canal in 1914, an engineering feat that transformed global trade. Now, almost a century later, China ... Full Story »

Posted by rglynn - via NewsRack (Business)

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