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. From ...
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.
The Chancay Megaport in Peru transforms a fishing town into an economic hub, backed by Chinese investment. While promising income and job creation, the project raises local concerns about ...