Nicaragua approves handing massive canal project to little-known Chinese company

  • by: LUIS MANUEL GALEANO , Associated Press
  • Updated: June 13, 2013 - 8:04 PM

MANAGUA, Nicaragua — A proposal to build a massive rival to the Panama Canal across the middle of Nicaragua was overwhelmingly backed by lawmakers Thursday, capping a lightning-fast approval process that has provoked deep skepticism among shipping experts and concern among environmentalists.

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