From 14-20 November 2024, Chinese President Xi Jinping paid state visits to two Latin American countries – Peru and Brazil – and attended the APEC Economic Leaders’ Meeting in Lima and the G20 Summit in Rio de Janeiro.
PERU
While in Peru, the official opening of the Chancay Port was held. Chancay Port is a deep-water port with 15 berths, capable of accommodating some of the world’s largest ships. The Port is a shared project of China and Peru, built as part of the Belt and Road Initiative (BRI).
It will serve as a crucial gateway linking Latin America and Asia, as well as promoting Latin American economic integration.
Furthermore, it is Latin America’s first smart, green, low-carbon port, featuring advanced technologies such as automated cranes and electric driverless trucks.
Given that Peru shares borders with Brazil, Colombia, Chile, Ecuador and Bolivia, the port will serve as the starting point of a land-sea corridor between China and Latin America, giving rise to a dramatic increase in trade, investment, cooperation and friendship.
BRAZIL
China-Brazil relations have gone from strength to strength in recent years. China has been Brazil’s largest trading partner for the last 15 years, and is a major investor in Brazilian industry and agriculture. Furthermore, Brazil is the largest supplier of agricultural imports to China.
China is increasingly cooperating with Brazil on green energy, digital innovation, economic diversification, advanced infrastructure and industrial modernisation.
Unlike the West, which has always jealously guarded its technological supremacy, China’s vision of a global community of shared future involves encouraging sustainable development and modernisation throughout the Global South. With China’s support, the countries of Latin America, Africa, Asia, the Caribbean and the Pacific are starting to break the chains of underdevelopment that were imposed by the colonial and imperialist powers.
The preceeding are extracts from an article by Carlos Martinez from Friends of Socialist China.
The full article can be read here:
Friends of Socialist China, November 29, 2024. https://socialistchina.org/…/xi-jinping-visit-to-peru…/