A massive new Chinese-owned port in Peru is set to extend the country’s influence in South America.
Chancay Port Terminal, Peru. Credit: Presidencia del Consejo de Ministros del Perú via Flickr
Five years ago, Chancay was just an ordinary tourist town about 50 miles from Peru’s capital, Lima, with its main visitor draw a faux castle-cum-theme park. Come October, Chancay will begin hosting visitors of a different kind: the world’s largest mega ships, and even, potentially, Chinese President Xi Jinping.
That’s when a new $3.5 billion port controlled by China’s COSCO Shipping is set to be inaugurated, a project poised to uplift China’s relationship with both Peru and th
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
The former Biden official and China scholar makes the case for the previous administration's approach and discusses why Beijing is content to watch the U.S. now dismantle its sources of strength
Navigate China's Business Landscape with Confidence.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy