China is building a mega seaport in South American's Pacific Coast that could challenge U.S. influence in a resource-rich region that Washington has long considered its backyard.
The Chancay deep-water port, rising here among pelicans and fishermen in small wooden boats, is important enough to Beijing that Chinese leader Xi Jinping is expected to inaugurate it at the end of the year in his first trip to the continent since the pandemic.
Majority-owned by the giant China Ocean Shipping group, known as Cosco, Chancay promises to speed trade between Asia and South America, eventually benefiting customers as far away as Brazil with shorter sailing times across the Pacific for everything from blueberries to copper.
As nations around the world shudder at a new flood of cheap Chinese manufactured goods, the port could open new markets for its electric vehicles and other exports.
China is already the top trade partner for most of South America.
.Here are the top political news stories for today.
While Joe Biden and his administration try to clean up and hide the mess they made in Ukraine and the middle east, China, Russia, Iran, North Korea and many others play offense.
Don't worry. We'll defeat those rascally Chinese with our proper use of pronouns.
On a more serious note...
Remember when Biden dismissed the Chinese as a competitor for global interests, in the same way Obama dismissed Mitt Romney's concern with Russian regional hegemony ?
@9P4G7K52yrs2Y
Why is it Americans are so ill-informed and generally so internationally stupid? Much, if NOT all, of the difficulties faced by Democratic regimes have been caused by xenophobic Republicans, reference Dumbass and the First ***** in the White House 2017-2021, generally the stupidest people in American politics! The only people stupider are their supporters! Now we have the prospect of the lunatic American voters in a country touting democracy when it is NOT (the United **** holes for Assholes [USA] is {always has been} an oligarchy) possibly electing a convicted criminal to their Presidency? Make no mistake the incoherent, incompetent Dumbass (Trump) is more mob boss than politician?
Maybe, just maybe, we should think about economic development and not war, for a change. China is running circles around us. Why? How many wars are they in right now? How many wars are they funding? Zero.
@SuperPACSwiftGreen2yrs2Y
Beat me to it. Yes, why does this(and actually most port infrastructure development in global south) have to be viewed through lenses of national ‘insecurity’? This has obvious economic benefits for Peru and South America-Asia trade?
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.