R47 neg 2 July 84 “Maipo” – Phil Brandwood via flickrCC

When Chinese business tycoon Wang Jing first arrived in Nicaragua, there was little to no information in the media about him. The secrecy behind his persona awoke a wave of speculation that made a lot of people feel uneasy about his mysterious character. However, out of nowhere, his name as well the name of HKND group –one of Jing’s companies- , became known to the world almost overnight. His sudden notoriety was owed to the news of a major investment, a $50 Billion Canal that would be built across Nicaragua and that would rival the existing Panama Canal.

According to Forbes Magazine, Jing is the twelfth richest man in China with an estimated net worth of $6.4 Billion. Although little is known about HKND (Hong Kong Nicaragua Development) Group or its CEO Wang Jing, in June 2013 the Nicaraguan…