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Tag: Chancay

Peru port could be an answer to US fees on Chinese ships: Hong Kong experts
  • Hong Kong News

Peru port could be an answer to US fees on Chinese ships: Hong Kong experts

Cs news3 months ago02 mins

The impact of US port fees on Chinese ships docking in the country may be mitigated by using a Peruvian port for the Latin American market, Hong Kong industry leaders have said, warning that the levy will only cause damage. The remarks made on Saturday were in response to the new port fees announced by…

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Devil in the details of the Hutchison-BlackRock Panama ports deal
  • Hong Kong News

Devil in the details of the Hutchison-BlackRock Panama ports deal

Cs news3 months ago03 mins

A sale by Hong Kong-based CK Hutchison of its overseas ports, including two in Panama, to a BlackRock consortium continues to stir debate as to its eventual outcome. China has expressed unhappiness, suggesting the deal would hurt national interest, while CK Hutchison has said the transaction is purely commercial. In a two-part special, we speak…

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Xi hails Peru megaport as new era in China’s belt and road ambitions
  • Celebrity

Xi hails Peru megaport as new era in China’s belt and road ambitions

Cs news8 months ago8 months ago02 mins

Chinese President Xi Jinping took part in the inauguration of a major Beijing-funded port in Chancay, Peru, on Thursday, hailing the US$3.5 billion project as “the birth of a new land-sea passage for a new era”. In his speech at the megaport’s opening ceremony, the Chinese leader praised the project as “a successful case of…

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China’s president will unveil a megaport in Peru, but locals say they’re being left out

Cs news8 months ago07 mins

CHANCAY, Peru (AP) — On the edge of Peru’s coastal desert, a remote fishing town where a third of all residents have no running water is being transformed into a huge deep-water port to cash in on the inexorable rise of Chinese interest in resource-rich South America. The megaport of Chancay, a $1.3 billion project…

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  • China News

China’s president will unveil a megaport in Peru, but locals say they’re being left out

Cs news8 months ago07 mins

CHANCAY, Peru — On the edge of Peru’s coastal desert, a remote fishing town where a third of all residents have no running water is being transformed into a huge deep-water port to cash in on the inexorable rise of Chinese interest in resource-rich South America. The megaport of Chancay, a $1.3 billion project majority-owned…

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

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

Cs news8 months ago03 mins

President Xi Jinping is expected to inaugurate Chancay port when he visits Peru next week. The Chinese-funded megaport may reshape Pacific trade, but has also made the United States uneasy. In the second of a two-part series, Igor Patrick looks at the implications for the whole of South American continent. Erik Bethel, a former US…

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

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

Cs news8 months ago03 mins

President Xi Jinping is expected to inaugurate Chancay port when he visits Peru next week. The Chinese-funded megaport may reshape Pacific trade, but has also made the United States uneasy. In the first of a two-part series, Igor Patrick looks at the history of the project, its impact on global trade and the social costs…

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