China's Ambitious $1.3 Billion Bet on Peru's Port Confronts Major Hurdles
1 month ago
In a striking move that underscores China's growing influence in South America, the Asian powerhouse has committed a staggering $1.3 billion to develop a new deep-water port in Peru. However, this ambitious investment is now facing a multitude of challenges that stem from the diverse landscapes and complex geopolitical dynamics of the region, spanning from the Andes mountains to the Amazon rainforest.
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