China's president will unveil a megaport in Peru, but locals say …
1 day ago · CHANCAY, Peru (AP) — On the edge of Peru’s coastal desert, a remote fishing town where a third of all residents have no running water is being transformed into a huge deep-water port to cash in on the inexorable rise of Chinese interest in resource-rich South America.. The megaport of Chancay, a $1.3 billion project majority-owned by the Chinese shipping giant Cosco, is turning this ...
China's Xi unveils megaport in America's backyard amid US …
9 hours ago · Chinese President Xi Jinping and Peruvian counterpart Dina Boluarte on Thursday inaugurated a new $1.3 billion mega port in Peru's coastal city of Chancay that was built and funded by Chinese ...
Peru hoping to become the 'Singapore of Latin America' on the …
19 hours ago · A new majority Chinese-owned megaport has officially begun operating in Peru. The port in Chancay will be able to handle the world's biggest ships and it is set to become a major hub for trade ...
Starting Latin America trip, Xi Jinping opens huge port in Peru …
1 day ago · The China-controlled megaport was built by Cosco Shipping Ports , opens new tab and received $1.3 billion in Chinese investment for its first phase. China is expected to spend billions more as ...
China's president unveils a megaport in Peru, but locals say …
1 day ago · CHANCAY, Peru (AP) — On the edge of Peru’s coastal desert, a remote fishing town where a third of all residents have no running water is being transformed into a huge deep-water port to cash in on the inexorable rise of Chinese interest in resource-rich South America.. The megaport of Chancay, a $1.3 billion project majority-owned by the Chinese shipping giant Cosco, is turning this ...
China's president unveils a megaport in Peru, but locals say …
17 hours ago · The megaport of Chancay, a $1.3 billion project majority-owned by the Chinese shipping giant Cosco, is turning this outpost of bobbing fishing boats into an important node of the global economy.
China’s Xi, Peru’s Boluarte Open $1.3 Billion Port Near Lima
17 hours ago · Chinese President Xi Jinping and Peruvian counterpart Dina Boluarte inaugurated a $1.3 billion port that could transform South American trade with Asia just as Beijing prepares for a potential ...
Xi hails Peru megaport as new era in China’s belt and road …
16 hours ago · Xi hails Peru megaport as new era in China’s belt and road ambitions. ... Peru, on Thursday, hailing the US$3.5 billion project as “the birth of a new land-sea passage for a new era”. ...
China opens huge port in Peru to extend its reach in Latin America
1 day ago · The countries traded $36 billion in goods last year, compared with Peru’s $21 billion trade with the United States. For Beijing, the port promises to bring together a string of existing ...
With Peru port project, China gains a foothold in America’s backyard
Nov 15, 2023 · U.S. officials have reportedly raised concerns with Peru that Chinese investment in the port could have national security implications, given Xi’s oft-mentioned ambition of turning China into a...
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