Will Peru’s new Chinese-built megaport change Pacific power dynamics?
From the BBC World Service: The ribbon-cutting is taking place today at the Port of Chancay — a Chinese-built megaport on Peru’s Pacific coast, that could transform regional trade. But will those investments come with any geopolitical risks?
Aerial view of traditional fishing boats anchored in the town's harbor with the Chancay "megaport" cranes in the background, 78 kilometers north of the Peruvian capital Lima, on October 29, 2024. The port will be inaugurated on November 14, 2024, by Peruvian President Dina Boluarte and her Chinese counterpart, Xi Jinping, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Lima.