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Vancouver port would be Chicom's Li Ka-shing's first in North America
From East Asia Intel, subscription.
The pro-Beijing Hong Kong port magnate Li Ka-shing is interested in buying into a major expansion operation at Vancouver’s shipping port.
Li Ka-shing is head of Hutchison Wampoa, front company for the Chicoms. Got Panama port contracts, both ends of the Canal, acquiring mineral companies in Canada for the Chicoms, get the picture?
Li’s Hutchison Port Holdings is among the international port terminal operators that have shown an interest in Port Vancouver’s Roberts Bank Terminal 2 project, according to Canadian press reports.

Patrick McLaughlin, the Vancouver Port Authority’s director of planning and development, told reporters that Li's company was creating the most buzz. "We want to start this by going to the international community and say, 'We've heard you're interested, we need to confirm that,' and from that, pick someone who is interested in being a partner in this process," McLaughlin said.

Hutchison operates 46 container terminals in Europe, Central and South America, Asia and the Middle East.

If acquired, the Terminal 2 project would be Li’s first foothold in North America.

The Vancouver Port Authority is expanding existing facilities at Roberts Bank with a container expansion program that would add a third berth to the existing two-berth Deltaport container terminal, plus future development of a new three-berth container terminal known as Terminal 2.

Hutchison Whampoa currently operates two ports at either end of the Panama Canal. U.S. intelligence officials say these could be used to disrupt military shipments to Asia in a future conflict between the United States and China over Taiwan.
Or have Nukes in a 40' Box™
A declassified Army intelligence report from 1998 stated that Li was planning to take over operations of the Panama Canal.

"According to a DIA Intelligence Information Report, Li Ka-shing, the owner of Hutchison Whampoa Lt. (HW) and Cheung Kong International Holdings Ltd. (CK) is planning to take control of Panama Canal operations when the U.S. transfers it to Panama," the report from the office of the deputy chief of staff for intelligence stated.

"Li is directly connected to Beijing and is willing to use his business influence to further the aims of Chinese government," the report stated.
"I make my billions and you get the world."
Posted by: Alaska Paul 2007-03-02
http://www.rantburg.com/poparticle.php?ID=181929