Posted on 11/15/2024 4:30:58 PM PST by george76
On the edge of Peru's coastal desert, a remote fishing town where a third of all residents have no running water is being transformed into a huge deep-water port to cash in on the inexorable rise of Chinese interest in resource-rich South America.
The megaport of Chancay, a $1.3 billion project majority-owned by the Chinese shipping giant Cosco, is turning this outpost of bobbing fishing boats into an important node of the global economy. China's President Xi Jinping inaugurates the port Thursday during the Asia-Pacific Economic Cooperation forum in Peru.
The development — expected to encompass 15 quays and a large industrial park drawing more than $3.5 billion in investment over a decade — has met a skeptical response from impoverished villagers, who say it is depriving them of fishing waters and bringing no economic benefit to locals.
"Our fishing spots no longer exist here. They destroyed them," said 78-year-old fisherman Julius Caesar — "like the emperor of Rome" — gesturing toward the dockside cranes. "I don't blame the Chinese for trying to mine this place for all it's worth. I blame our government for not protecting us."
The Peruvian government hopes the port 60 kilometers (37 miles) north of Lima will become a strategic transshipment hub for the region, opening a new line connecting South America to Asia and speeding trade across the Pacific for Peru's blueberries, Brazil's soybeans and Chile's copper, among other exports.
...
Fishermen returning to port with smaller catches complain that they have already lost out.
The dredging of the port — which sucked sediment from the seabed to create a shipping channel 17 meters (56 feet) deep — has ruined fish breeding grounds
(Excerpt) Read more at newsmax.com ...
More Belt and Road mercantilism by the chicoms. Peru’s government has sold its people out. This will only benefit the CCP and the scumbags who they bribed.
Then Trump can just dump all of the Chinese illegals in the water in front of the CCP pier in Peru.
Good idea.
China also runs a port in Israel.
Do you think that Israel’s govt has also sold out its people?
If it’s the same level of construction used in China it will start to fall apart immediately.
CC
I have been to Peru. Loved the people.
What are you an idiot? They run a terminal in Haifa. That’s a lot different than building a port using Chinese labor, Chinese materials and cutting out the local populace. That’s mercantilism. It’s so annoying having to educate morons like you who just want to have a fight. Get a life, idiot.
And yes. There is severe concern that the Haifa port is compromised and the people who okayed it sold out their people. Now STFU.
Correct.
That section of Peru’s coast has a history of devastating earthquakes and tidal waves.
Of course. Democrats have done everything to destroy our dominance. If O was Xi and Sheinbaum (Mexican President) I would MASSIVELY expand Mexican ports since California is sabotaging our major deep water shipping ports. Trump has a lot of work to do. MAGA FORWARD!
Combo LNG/PLAN port. Smart move by the Chicoms.
Ping.
Wow, such anger.
In business and geopolitics, colonizing always works until it doesn’t. In that respect it’s a lot like looting.
I told you to STFU. Now STFU douchebag.
China owns all the largest ports in the U.S. Peru just one more added to the world control of ports.
They make most of our medicine and about everything else time to bring things home before it’s to late.
Alarm ringing
You do not get to tell anyone to STFU.
STFU. Too easy... You are my dog.
Said the flea.
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