US invests in Peru’s Callao as port battle with China’s Chancay megaport continues
AI Summary
The US has committed $4.5 million to design infrastructure for Peru's Callao port, signaling a strategic push against China’s nearby Chancay megaport, which is controlled by Chinese interests. This move underscores the geopolitical rivalry in the region, as Peru relocates its main naval base to bolster Callao's capabilities. The funding highlights the US's commitment to maintaining its influence in Latin America amid growing Chinese economic and political clout in the area.
Original Source
Read the full article at Scmp →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.