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Peru's Chancay: China's megaport of entry to South America

Energy Daily Tuesday, 12 November 2024 ()
Peru's Chancay: China's megaport of entry to South AmericaChancay, Peru (AFP) Nov 11, 2024

Huge cranes loom over Peru's massive new Chinese-funded Chancay port, a symbol of Beijing's growing influence in South America which is set to be inaugurated by President Xi Jinping on Thursday. "It's nearly ready," Gonzalo Rios, deputy general manager of the Peruvian subsidiary of Chinese port operator Cosco Shipping, which has a 60 percent stake in the facility, said during a recent visit
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