Xi Inaugurates South America's First Chinese-funded Port In Peru
Chinese President Xi Jinping on Thursday inaugurated Latin America's first Beijing-funded port in Chancay, Peru -- a symbol of the Asian superpower's growing influence on the continent as it prepares to face off with a new Donald Trump administration.
A new China-backed megaport in Peru may create whole new trade routes that will bypass North America entirely.
Chinese President Xi Jinping has inaugurated the Chancay deep-water port in Peru, marking a $1.3 billion investment by China.
China's President Xi Jinping arrived to Peru's capital Lima on Thursday to participate in the Asia-Pacific Economic ...
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