China has sought to build a “dry canal” in the form of a railway across Colombia, linking the Caribbean to the Pacific. Chinese investors announced another huge venture in Honduras, two ports and a 375-mile railroad from sea to sea. Then this June,China announced yet another megarailway — nearly 10 times as long — across Braziland Peru, stretching from one coast of South America to the other. But across the region, one large Chinese rail venture after another has come crashing against the hard realities of Latin American politics. Read more
