Bullets:

The Port of Chancay, in Peru, has transformed global logistics, shortened trade routes between Asia and Latin America, and opened vast new markets for South American farmers and merchants.

It was part of China’s massive Belt and Road Initiative investments across South America.

The port cost about $1.3 billion to build, over nine years, mostly paid for by Chinese firms.

For the same money, the Peruvian government ordered 12 F-16 fighter jets, which may arrive before 2031.

Closing scene, Nanxi Scenic Area, Zhejiang

Resources and links:

Peru Shows the Limits of Washington’s Anti-China Push
https://www.nytimes.com/2026/09/07/world/americas/peru-trump-china-economy.html

Peru Economic Outlook – June 2026
https://www.bbvaresearch.com/en/publicaciones/peru-economic-outlook-june-2026/

Peru’s interim president defers $3.5 billion fighter jet purchase to the next government
https://apnews.com/article/peru-fighter-jets-purchase-balcazar-presidential-election-6fa5fcfbaea1e53283cd87ab21a8000a

Peru makes first payment in F 16 deal after ministers quit in clash with president
https://www.reuters.com/business/aerospace-defense/peru-defense-minister-resigns-amid-postponement-f-16-aircraft-purchase-2026-04-22/

Peru Pays US$462 Million for 12 F-16 Jets, Then Freezes the Deal
https://www.riotimesonline.com/peru-pays-us462-million-for-12-f-16-jets-then-freezes-the-deal/

Bulgaria’s F-16 Fighter Jets Will Be Three Years Late. Now What?
https://nationalinterest.org/blog/buzz/bulgarias-f-16-fighter-jets-will-be-three-years-late-now-what-ps-082026

China’s new gateway into South America: the Port of Chancay
https://asiatimes.com/2025/11/chinas-new-gateway-into-south-america-the-port-of-chancay/

From Inside China / Business via This RSS Feed.