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Nicaraguan President Daniel Ortega and Wang Jing display an agreement granting the Chinese businessman the exclusive right to develop a multibillion-dollar waterway to rival the Panama Canal. Construction is set to be completed by 2019, Mr. Wang said. (Associated Press)

Nicaraguan President Daniel Ortega and Wang Jing display an agreement granting the Chinese businessman the exclusive right to develop a multibillion-dollar waterway to rival the Panama Canal. Construction is set to be completed by 2019, Mr. Wang said. (Associated Press)

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