- Feb 22, 2017
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China-funded port in Peru poses threat to Chilean foreign trade operations
A China-sponsored mega-port north of Lima is expected to revolutionize trade between Asia and South America. It would also jeopardize the future of seashore facilities in northern Chile which might lose some of their traffic share once the Chancay Megaport is opened. Works are 93% completed and...
A China-sponsored mega-port north of Lima is expected to revolutionize trade between Asia and South America. It would also jeopardize the future of seashore facilities in northern Chile which might lose some of their traffic share once the Chancay Megaport is opened. Works are 93% completed and are due to be finished in November.
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Foreign trade consultant Mariana Coronado told MercoPress back in 2022 that under the Maritime Silk Road, China launched its economic project to control the largest number of ports in the world“While the world was in [Covid-19] quarantine, China expanded its control of the transport of goods. Today nearly 100 ports in more than 60 countries are in Chinese hands,” she explained back then.
For those who have interest in China, this is why they are "winning". This is why they are gaining influence all around the world while that of the US wanes.
We spend our money on wars in the Middle East, China does things like this
