TNPSC Thervupettagam

China's Megaport in Peru – Chancay Port

November 21 , 2024 6 hrs 0 min 42 0
  • Chinese President Xi Jinping inaugurated a massive deep-water port in Peru, a $1.3 billion investment by Beijing.
  • China is working for access to neighboring Brazil, where a new railway line is planned to carry Brazilian exports.
  • The rail project is estimated to cost $3.5 billion.

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