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White House says Biden decision to scrap China Initiative flawed

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Belt and Road Initiative

China’s Chancay, Peru port project

News

China

Diplomacy

World

Americas

Politics

Port of entry: Peru’s Chinese-built megaproject is poised to reshape Pacific trade

Illustration: Henry Wong

Officials tour the Chancay megaport on October 29. Photo: EPA-EFE 

Cosco’s Alonso Guinand at the Chancay Port Terminal construction site. Photo: Igor Patrick

Chinese President Xi Jinping and Peruvian President Dina Boluarte review the honour guard during a welcoming ceremony at the Great Hall of the People in Beijing on June 28. Photo: AFP

Fishing boats anchored in the bay near the new megaport. Photo: Reuters

A tunnel for the port under construction. Photo: Igor Patrick 

The Chancay port will be one of South America’s largest belt and road successes, though it has raised local concerns about the costs of growth.


Planned link to Brazil raises geopolitical stakes for China-funded port in Peru

Containers will arrive at and leave the port through a 1.8km tunnel. Photo: AFP 

An artist’s rendering of the Chinese port project in Chancay, Peru. Photo: Cosco Shipping

Construction continues on a port in Chancay, Peru, which is expected to become a main trade route between South America and Asia. Photo: AP

Chinese leader Xi Jinping holds a welcome ceremony for Peruvian President Dina Ercilia Boluarte in Beijing on June 28. Photo: EPA-EFE/Xinhua

Brazil’s economic ties to China are much greater than Peru’s, and the ramifications of a connection to the port are deemed ‘a big deal’.


The Chinese-funded megaport in Chancay, Peru, may reshape Pacific trade, but has also made the United States uneasy. This two-part series looks at the development of the project, its impact on global trade, its social cost and the implications for the whole of the South American continent.


Peru

Americas and the Caribbean

China-Latin America relations

Series