Courtesy of The Financial Times, a report on how aBeijing-backed project in Peru poses strategic challenge to US as Donald Trump prepares to take office in January: Ahead of the ribbon-cutting at the Port of Chancay — a Chinese-built megaport on Peru’s Pacific coast that is set to transform regional trade — Chinese-made ZPMC unmanned […]
Read more »Courtesy of The Financial Times, an article on Peru’s new Chinese-built megaport: Chinese President Xi Jinping is expected to inaugurate the $1.3bn Chancay port on the Pacific coast when he visits Peru for a summit in mid-November, amid growing concerns among US security officials that the facility’s size, depth and strategic location make it suitable […]
Read more »Via the Wall Street Journal, a report on how one of the world’s richest fishing grounds is under pressure: For three decades, Francisco Chiroque’s livelihood has depended on the jumbo squid that flourish off this country’s Pacific coast in one of the world’s richest fishing grounds. This year, his catch has collapsed. Chiroque and the […]
Read more »Via The Asia Live, a report on China’s growing influence in Peru: Chinese President Xi Jinping is set to inaugurate the Chancay Port, a monumental infrastructure project located just 44 miles north of Lima, by the end of this year. This $3.6 billion mega-port, developed by China’s state-owned COSCO Shipping, will reshape the economic landscape […]
Read more »Courtesy of The Economist, an article on how Peru’s farmers have transformed the blueberry market in only ten years: Peru’s blueberry harvest is just beginning, and Ivan Jauregui, an agronomist, looks excited. At a farm he oversees about 100km north of Lima, the capital, workers are gently twisting the fruit from their bushes. Staff in a […]
Read more »Via The Wire, a report on a massive new Chinese-owned port in Peru that is set to extend the country’s influence in South America: Chancay Port Terminal, Peru. Credit: Presidencia del Consejo de Ministros del Perú via Flickr Five years ago, Chancay was just an ordinary tourist town about 50 miles from Peru’s capital, Lima, with its […]
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