Xi Jinping opens huge port in Peru funded by China - NBC News
Nov 15, 2024 · Xi said that Chancay, a 15-berth, deep-water port, was the successful start of a “21st-century maritime Silk Road” and part of China’s Belt and Road Initiative, its modern revival of the ...
China's president unveils a megaport in Peru ... - Associated Press News
Nov 14, 2024 · 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.
With Peru port project, China gains a foothold in America’s backyard
Nov 15, 2023 · A massive deep-water port for container ships is being built in Chancay, about 45 miles north of Lima, and it is being financed largely by China, Peru’s largest trading partner.
Peru's China Port Deal Blunder Is a Warning for Others - Foreign …
May 13, 2024 · The agreement was about the Port of Chancay, located near Lima, which was to become a megaport and “the gateway from South America to Asia,” as one Cosco manager told The Associated Press.
Peru hoping to become the 'Singapore of Latin America' on the …
Nov 15, 2024 · 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 between South America and China. What's next?
China’s Chancay Mega Port: Economic Opportunity or Strategic …
5 days ago · Xi described the port as a bridge connecting Asia and Latin America, emphasizing its potential to generate jobs and revenue for the Andean nation. Touted as South America’s first “green and smart” port, Chancay is expected to cut shipping times between the two regions from 35 to 25 days by bypassing stops in Mexico and California.
Peru port conflict escalates as Chinese firm insists on original terms
LIMA, May 7 (Reuters) - The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with...
China's Xi Says Chancay Port the Start of a New Maritime-Land …
Nov 14, 2024 · LIMA (Reuters) - Chinese President Xi Jinping said on Thursday during talks with Peru's Dina Boluarte in Lima that China is willing to take the Chancay port, built and controlled by Chinese...
China's Xi says Chancay Port the start of a new maritime-land …
Nov 14, 2024 · Chinese President Xi Jinping said on Thursday during talks with Peru's Dina Boluarte in Lima that China is willing to take the Chancay port, built and controlled by Chinese state-owned Cosco...
China megaport paves way into Latin America as wary US looks on …
Nov 15, 2024 · President Xi Jinping himself attended the inauguration of the Chancay port on the Peruvian coast this week, an indication of just how seriously China takes the development.