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Chinese Ex-Billionaire Lauds Ortega After Nicaraguan Election

  • Wang Jing writes letter congratulating Nicaraguan leader
  • Tycoon banned by Shanghai exchange from managerial positions
Chinese businessman Wang Jing

Chinese businessman Wang Jing

Source: AFP

Wang Jing, the Chinese ex-billionaire behind Nicaragua’s ambitious interoceanic canal project, resurfaced with a letter congratulating President Daniel Ortega for winning a fourth term in an election that the U.S. and the European Parliament called a farce.

Wang sent congratulations to Ortega, joining anti-Washington foreign leaders including Russia’s Vladimir Putin and Venezuela’s Nicolas Maduro, according to the letter made public Thursday by Nicaragua state media. Wang said he believes the leadership of Ortega, his wife and their son Laureano, who has been involved in coordinating the canal project, will keep deepening ties with China. First lady Rosario Murillo read the letter in a TV broadcast.