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China's massive Belt and Road port project in Peru will transform how logistics and trade flows operate in South America, and outbound to global markets. The port, located in Chancay and near the capital city of Lima, will service the largest ships, and cut transit time for many South American agricultural and metals producers by two weeks.
Major roadbuilding projects are underway to connect the new hub to overland routes in Brazil and Ecuador.
Resources and links:
Bloomberg, China is about to transform South American trade
www.bloomberg.com/news/newsle...
China widens South America trade highway with Silk Road mega port
www.reuters.com/world/china/c...
Google Earth images for Peru