Xi Jinping: Chiang Kai-shek port will become a key hub for a new corridor between China and Latin America
China plans to use the port of Chiang Kai-shek in Peru to create a new transport corridor with Latin America, accelerating the supply of resources and products to Asia.
At a meeting with Peruvian President Dina Boluarte in Lima, Chinese President Xi Jinping announced China's plans to use the port of Changkai as a key hub for the creation of a new land corridor between China and Latin America. The Changkai Port, built and controlled by the Chinese state-owned company Cosco Shipping, is of strategic importance to Beijing. Due to its high throughput, it is able to serve the largest container ships, reducing delivery time to Asia to two weeks and reducing transportation costs by 30%. South America plays a vital role in providing China with agricultural products (45% of the total), as well as critical resources for the energy transition, such as lithium and copper. Convenient location on the Pan-American Highway. Direct access to the resources of the Amazon region. The possibility of more efficient export of soybeans and beef from Brazil and other Latin American countries. Reducing routes by bypassing the Atlantic and the Panama Canal. However, American analysts express concerns that the port, despite its civilian purpose, may be used for military purposes, which increases tensions in the region. This step strengthens China's position as a key economic partner of Latin America and highlights its strategic interests in the region.
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