Published

China's New Megaport in Peru Raises Strategic Concerns

  • Chinese President Xi Jinping inaugurated a massive deep-water port in Peru, called a "21st-century maritime Silk Road."
  • The Chancay megaport, a $1.3 billion project, is majority-owned by Chinese shipping giant Cosco.
  • U.S. Southern Command chief Army General Laura Richardson expressed that China’s infrastructure projects pose a security threat.
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