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Nicaragua recognizes China, breaks ties with Taiwan. Is a Panama Canal alternative coming soon?

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First published at 05:32 UTC on December 10th, 2021.

The Grayzone

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Nicaragua's Sandinista government has broken diplomatic ties with Taiwan and recognized the People's Republic of China. Ben Norton and Max Blumenthal discuss the historic decision and its huge geopolitical implications.

A Chinese company…

A Chinese company plans to build an inter-oceanic canal in Nicaragua, to challenge the monopoly of the US-dominated Panama Canal. And the same week, Nicaragua signed agreements strengthening ties with Russia and collaborating on nuclear energy projects.

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