Wow I had no idea this canal was such a disaster in the making, and the article didn't even mention the canal the Chinese are building in Nicaragua which would significantly shorten shipping routes compared to Panama.
> "Major works" such as dredging will take place after a Pacific Ocean wharf is finished and the wharf's construction will not start until after August 2016. ...
> Media reports have suggested the project would now be delayed or even possibly canceled because Wang Jing's personal wealth declined greatly as a result of the 2015–16 Chinese stock market crash.
> "Major works" such as dredging will take place after a Pacific Ocean wharf is finished and the wharf's construction will not start until after August 2016. ...
> Media reports have suggested the project would now be delayed or even possibly canceled because Wang Jing's personal wealth declined greatly as a result of the 2015–16 Chinese stock market crash.