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$3.6 billion port in Peru largely funded by China raises concerns

June 28, 2024
in Market & News
Reading Time: 1 min read
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A deep-water port located in Chancay, Peru, is set to transform the country’s Pacific coast and connect South America directly to Asia. The $3.6 billion project has been largely funded by China, providing them with an economic foothold in the region. NBC News’ Keir Simmons reports on how the project will reshape Pacific trade.
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