Chinese Billionaire may control Baja Port

“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. 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’… Tijuana politician Jaime Martinez Veloz has alleged that Hutchison has a track record of power mongering and insider maneuvering in Mexico. Martinez said that Hutchison obtained the concession to operate the Lazaro Cardenas port using a method that Martinez described as ‘a vile swamp of transnational, governmental and business corruption.’ He added, ‘the favoritism and partiality of the Mexican port authorities towards the oriental consortium Hutchison has inexplicable reasons, but one day they will be known’. “