Xi inaugurates South America's first Chinese-funded port in Peru


LIMA: Chinese President Xi Jinping (pic) on Thursday (Nov 14) inaugurated Latin America's first Beijing-funded port in Chancay, Peru -- a symbol of the Asian superpower's growing influence on the continent as it prepares to face off with a new Donald Trump administration.

The US$3.5-billion complex, about 50 miles (80km) north of Lima, is meant to serve as a hub for Chinese trade as the country is under threat of major tariff hikes once Trump reenters the White House for a second term.

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China , Peru , Xi Jinping , port , Peru , Chancay

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