Chinese Ownership of Mexican Port Causing Worry
Chinese control of worldwide port facilities is an issue that should be reexamined in light of recent concerns about rising Chinese influence around the globe. The Chinese company Hutchison Whampoa, owned by Chinese billionaire Li Ka Shing, controls 35 major ports in the world, including the four most important ports in Mexico.
Hutchison is about to build a brand new port at Punta Colonet, a Baja California cove located just two hours south of the US border. In the event of a conflict with China, a Chinese built and controlled port so close to the US could potentially function as a staging area for hostile activities. Also, the US should keep an eye on Huchison’s remarkably friendly relationship with the Mexican government.
Hutchison Ports Holding, part of the Hutchison Whampoa group, runs 35 ports including the Bahamas, Buenos Aires, and two in the Panama Canal. And again, it is owned by Li Ka Shing, China’s most influential billionaire who is known as “The Superman of the Orient.” In 2003 Forbes magazine ranked him fifth among the world’s ten “most powerful” billionaires, behind Bill Gates, Warren Buffett, Silvio Berlusconi and Rupert Murdoch.
A 1998 declassified Army intelligence report stated “Li Ka-shing, the owner of Hutchison Whampoa [Limited] … is directly connected to Beijing and is willing to use his business influence to further the aims of the Chinese government.”…