The Chancay megaport aims to streamline trade between South America and Asia and marks a significant step in China's Belt and Road Initiative. It has raised alarm bells in Washington.
Chinese President Xi Jinping on Thursday said he would work to promote connectivity between China and South America, as he inaugurated the first Beijing-funded port in the region.
Xi, for his part, said the port would help "promote connectivity" between South America and China. "We are witnessing... the birth of a new land-sea channel between Asia and Latin America in the ...