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China’s $2b Peru port faces obstacles from the Andes to the Amazon

Dayanne Sousa and Rachel Gamarski

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Lima | China has made a $US1.3 billion ($2 billion) bet that a new port in Peru will boost access to South America’s agricultural and mineral bounty – but cashing in on the investment may be harder than expected.

China’s President Xi Jinping and his Peruvian counterpart Dina Boluarte officially inaugurated Chancay port during a ceremony at Peru’s presidential palace in Lima last week, to the side of the Asia-Pacific Economic Cooperation (APEC) summit.

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    Original URL: https://www.afr.com/world/south-america/china-s-2b-peru-port-faces-obstacles-from-the-andes-to-the-amazon-20241117-p5kr8p