Peru is not the US’ backyard, let them do their own thing.
I don’t see how this is a bad thing or something we should be scared of. Maybe for the US, but if we were so worried then why didn’t we just make a port as well? Feel free to correct me.
Because us building a port would be unprofitable and thus uncapitalist.
This is the best summary I could come up with:
A massive deep-water port for container ships is being built in Chancay, about 45 miles north of Lima, and it is being financed largely by China, Peru’s largest trading partner.
The port will host some of the biggest cargo ships in the world and serve as an economic beachhead for China in Latin America, a region historically dominated by the United States where Beijing’s investment and influence is growing.
Miriam Arce, a community leader whose father was a fisherman, has a different concern: that the fishing boats from her childhood will disappear, replaced by freighters amid the intensifying competition between the U.S. and China, the world’s two biggest economies.
The company hopes the first phase of the megaport — part of Xi’s signature Belt and Road infrastructure initiative — will be complete by the time the Chinese leader visits Peru for the next APEC conference in late 2024.
The company is promising a “smart port” that runs on automation and the latest digital technology, helping to reduce shipping times from South America to Asia by 10 days or more and removing stopovers in the U.S. and Mexico from the equation.
Rios, who was a commander in the Peruvian Navy before his current role, dismissed the national security concerns, including that the Chancay port could one day be used by Chinese naval ships.
The original article contains 1,281 words, the summary contains 222 words. Saved 83%. I’m a bot and I’m open source!
Chancay port in Peru is about to be more efficient than Vancouver’s ports.
Fuck.
