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.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
» Watch more NBC video: http://bit.ly/MoreNBCNews
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
NBC News App: https://smart.link/5d0cd9df61b80
Breaking News Alerts: https://link.nbcnews.com/join/5cj/bre…
Visit NBCNews.Com: http://nbcnews.to/ReadNBC
Find NBC News on Facebook: http://nbcnews.to/LikeNBC
Follow NBC News on Twitter: http://nbcnews.to/FollowNBC
Get more of NBC News delivered to your inbox: nbcnews.com/newsletters
#nbcnews #peru #china
source
Look at the Chinese 50 cent warrior Wumaos flood the comments with CCP propaganda.
Good luck Peru for many projects undertaken by china have flawed project study at the expense of host country for the benefit of china PLA army 😂😂😂😂😂😂😂
Peru, go ahead and do what you have to improve your lives. DONT LOOK BACK.
Next time it would be funded by Aliens and US will not raise ant concerns 😂
This is the kind of hypocrisy putin speaks about just here the arrogance in the reporting as if its only US who have the right to be concerned in their so called backyard, even if a chinese nuclear armed submarine docks there i see no issues as US does the same to other people's so called sphere of influence
American media is the worst
American back yard,lol
as peruvian i love that china is investing on us i hope russia can do the same , the world specially peru is better and safer if/when china and russia could protect us , we kind of bored and tired of beiing usa leftovers , mucho saludos a toda mi gente latino! hahah ok en serio ! que bueno q se este haciendo este projecto! ahora solo falta que invierta rusia tambien!😄
Ban all Chinese imports.
China will perpetually “own” Peruvian economy and profit off of modern economic slavery. If they take 90 and give 10. That’s not fair trade. Peru will perpetually owe China forever.
As a Peruvian American, we dropped the ball in Peru and investing in the country with so much potential, favoring Chile over Peru…and if we don’t act quickly our grasp of global strength in South America will crumble. Peru is a strategic country and China wants an ally when war hits. I’m sad as well for Peru because The infrastructure of the country could benefit immensely from American might and not crappy Chinese products. Peruvians can still be won over….lets not fail this great investment.
LOL the fact that the US thinks South America is it's backyard says it all.
SUS.
There are no Chinese loans involved. Don't be ignorant. This is just two companies building a port. Volcán, the Peruvian company, looked for partners for years and only the Chinese answered the call.
Wow i've never expected you would care about Chancay port overnight and right now. I must say as a peruvian you noticed this piece of infrastructure too little too late since it's already under construction and we've been noticing it since Vizcarra's administration back in 2019 an I already was suspicious of the project, since China's state owned COSCO would get a 60% share of the port while the local 24 news cycle and the government would brand it as a new opportunity investment.
Not only that but China's reach goes beyond Chancay, from a bridge construction scandal involving Chinese construction companies back in Pedro Castillo's tenure, Sinofarm vaccine scandal in 2020(Vacunagate case which involved the political and economical elites and the Chinese embassy), Chinese energy companies monopolizing the electricity grid here last year iirc, The opening of a subsidiary of the Bank of China in 2020, ownership of open pit mines here and there and China surpasing the US to become the 1st trading partner. I could go on but this comment is already large and i hope you get the point that i'm making… that you're noticing it too late and it is hard to reverse course.
Us busy with war isn’t it?
Than make investment like china did
Welcome to chinese investments! My country really needed it! 🇨🇳❤🇵🇪
Don't fool yourself. That shipping lane will be able to accommodate China's war ships.
Long live China, long live the Chinese . Short live those haters.
US media describe this as China working in th U.S.'s backyard
Really? Peru in our backyard? Geography must have been a tough subject for our writers.
We are proud, we will do business with everybody.
Is not wise to depend on one nation like the USA
Don't you just love how western propaganda raises concerns when China opens a new port, yet U$ could open military bases (>900) all over the world, "take the oil from Syria", "take the gold from Afghans" and no questions asked.
These things happens when the US President is incompetent.
Wow! Suddenly a bunch of Americans care about the well beings of Peruvians. I never knew they cared so much
Obviously, 3.6 billions dollars is a humungous amount of money but knowing we have individuals who have hundreds of billions of these dollars really show how much billionaires could affect the world if they choose.
Writing is in Chinese, not Mandarin. Mandarin is a dialect. Writing can be in Simplified or Traditional Chinese.
America 🇺🇸 has been caught sleeping 😴
this type of projects is upsetting USA , in not long term we will see USA fail. its about time