Deep sea tycoon missile silo
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Closely Tied to BeijingRulers A recently declassified report by the United StatesSouthern Command's Joint Intelligence Center, prepared in October 1999,said that "Hutchison Whampoa's owner, Hong Kong tycoon LiKa-Shing, has extensive business ties in Beijing and has compellingfinancial reasons to maintain a good relationship with China'sleadership." The military intelligence report also warns that "Hutchisoncontainerized shipping facilities in the Panama Canal, as well as theBahamas, could provide a conduit for illegal shipments of technology orprohibited items from the West to the PRC, or facilitate the movementof arms and other prohibited items into the Americas." View theActual Secret U.S. Congressman DanaRohrbacher, R-Calif., has stated that CITIC has been used as a frontcompany by China's military to acquire technology for weaponsdevelopment. intelligence sources have described thefirm as a front for China's governmental State Council. Lott has described the Hong Kong firm as "an arm of thePeople's Liberation Army." Hutchison Whampoa's chairman, Li Ka-Shing, is also aboard member of CITIC ñ the China International Trust andInvestment Corporation. Defense Secretary CasparWeinberger have expressed concerns about Hutchison's influence over thePanama Canal. Senate MajorityLeader Trent Lott, R-Miss., and former U.S. CommunistChina Ties Disturbing While Hutchison Whampoa has asterling reputation as a commercial enterprise - and has not beenlinked to any illegal activities such as drug or gun smuggling - thefirm's ties to Communist China have raised concerns. On 800 acres ofwooded land adjacent to the airport, Hutchison plans to create theGrand Bahama Sea-Air Business Center - a center that could potentiallyallow for 8 million square feet in warehouse space. According to Powers, the runway is capable ofhandling the world's largest cargo and military aircraft. The company has ambitious plansto create the largest air cargo facility on land adjacent to the port.Hutchison has a 50 percent stake in the Grand Bahama Airport Company,which owns one of the largest airport runways in the world - more than11,000 feet long. Already, Disney cruiselines will soon make Freeport a port of call. He said the company also plans to make the port theworld's largest cruise ship destination port. Already the port is doing a brisk business in containershipments, Powers said, and has the capacity to become the world's largestcontainer port.
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According to Michael Powers, Hutchison Whampoa's GeneralManager for the Freeport development, the container port is simply a"dedicated deep water trans-shipment hub." 'Hub' Portfor Container Shipping Large container ships comingfrom several directions can off-load their container boxes, which canbe re-routed on to other large or small container ships for delivery.The port operates, he says, much like Miami airport might serve as a"hub" for travelers going to destinations around theglobe. Since then, Hutchison has helped dredge and expand theport, making it capable of handling the largest container ships on thehigh seas. East Coast According to thecompany's Web site, the port is located at one of the most strategicspots in the world because "Freeport is the closest offshore portto the east coast of the United States, at the cross-roads of routesbetween Europe and the Americas and through the PanamaCanal." In 1995, Hutchison Whampoa entered into a 50-50 partnershipwith the Grand Bahama Development Company, a privately owned Bahamiancompany, to develop and expand the small Freeport facility that hadcatered to cruise ships.
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One port facility that has captured the interest of the Chinesegovernment is Hutchison Whampoa's sprawling port facility in thetourist destination of Freeport on Grand Bahama Island. Officials for Hutchison Whampoa have heatedly deniedany links with the Red Chinese government, but several establishedconnections - including new evidence uncovered by - suggestthe Chinese government has a keen interest in the company'sactivities. military experts say thatthe activities of Hutchison Whampoa Limited, a Hong Kong-basedconglomerate, in both Panama and the Bahamas, pose a significant riskto U.S. Chinese Company Completes World's Largest Port InBahamasĬhristopher Ruddy and StephanArcher Link 1-20-00 Bahamas - Thesame Chinese company that recently took operational control of thePanama Canal is currently completing construction of the largestcontainer port in the world in Freeport, Bahamas - just 60 miles fromFlorida.