Monopoly Ownership
The Chinese company Hutchison Whampoa that had proposed to build Puerto Colonet is owned by Chinese billionaire Li Ka-Shing, whose company controls 35 major ports in the world including the four most important ports in Mexico. There was a concern about the near monopoly ownership of North American ports in the event of a conflict with China.
Read more about this topic: Colonet, Proposed Port, Concerns
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—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)