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Daniel Ortega
Trends
- 1Nicaragua grants Chinese miners rights to a tenth of its territory●Gold-rich Nicaragua hands Chinese miners rights to a tenth of its land
The Financial Times reports that Nicaragua, one of Central America's most gold-rich countries, has granted Chinese mining companies concessions covering roughly a tenth of its national territory. The arrangement highlights growing Chinese economic influence in the region under the government of Daniel Ortega, and is drawing scrutiny over sovereignty, environmental impact and the terms offered to foreign firms.