China’s $1.3 Billion Peru Gamble Redraws Global Trade

China’s $1.3 Billion Peru Gamble Redraws Global Trade

A new $1.3 billion deep-water megaport in Peru will likely become the latest battleground in a simmering trade conflict between the United States and China. The port of Chancay, with 15 berths, located about 80 kilometers north of Lima on the Peruvian coast, was jointly inaugurated by Peruvian President Dina Boluarte and Chinese President Xi … Read more