China just made a bold move to solidify its influence in Latin America as the world awaits how Donald Trump’s return will alter Washington-Beijing relations.
Trump’s plan, which called for tariffs of up to 60% on goods made in China, helped him win the US presidential election. However, a new megaport supported by China further south could open up completely new trade routes that avoid North America.
China takes the development seriously, as seen by President Xi Jinping’s attendance at the Chancay port’s inauguration this week on the Peruvian coast.
Xi attended the Asia-Pacific Economic Co-operation Forum’s (Apec) annual conference in Peru. However,