Via Reuters, a report on growing logistics connections between China and Peru: China’s Guangzhou Port, the largest shipping hub in the country’s south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America. Located north of […]
Read more »Via Asia Times, a look at how China has invested billions in 129 ports worldwide, raising concerns the Belt and Road Initiative is quietly being weaponized: On his way to the G20 summit in Rio de Janeiro in November, Chinese President Xi Jinping met with Peruvian President Dina Boluarte to officially open a new US$3.6 billion deepwater […]
Read more »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 […]
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