China megaport opens up Latin America

China is doubling down on Latin America ties to bolster influence and trade, experts say
China President Xi Jinping last week inaugurated a $3.5 billion megaport, majority-owned by China state shipping company Cosco, during a trip to Peru.
Megaport opens up Latin America to Chinese trade as US looks on
A new China-backed megaport in Peru may create whole new trade routes that will bypass North America entirely.
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The U.S. has permitted China to gain footholds throughout Latin America thanks to lazy policy and poor diplomacy.
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Carlos Eduardo Pina is a political scientist specializing in the relationship between China and Latin America. He is a contributor to the project "Analisis Sinico" at www.cadal.org and member of the Chinese Academic Network on China Latin America (Red ALC-China).
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Peru hoping to become the 'Singapore of Latin America' on the back of China's new megaport
The new megaport is 992 hectares in size and creates a direct link between Shanghai and Peru and will cut shipment times down by 20 days on some routes.
Peru's Chancay megaport heralds a new era for Latin America’s trade
By Alek Buttermann The inauguration of the Chancay Megaport in Peru marks a significant moment for regional trade, with the facility set to become South America’s largest commercial port. Developed by China's state-owned Cosco Shipping,
China opens first South American port, reshaping trade routes
China's leader, Xi Jinping, virtually inaugurated the large Chancay port near Lima on Thursday. Built, financed, and controlled by a state-owned Chinese company, the port aims to streamline direct goods transport between Asia and South America.
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It could also accommodate Chinese naval vessels, raising concerns among U.S. officials about Beijing’s strategic ambitions.
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