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INSIGHT-China widens South America trade highway with Silk Road mega port

INSIGHT-China widens South America trade highway with Silk Road mega port
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China widens South America trade highway with Silk Road mega port | Hellenic Shipping News Worldwide

China widens South America trade highway with Silk Road mega port | Hellenic Shipping News Worldwide
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China widens South America trade highway with Silk Road mega port

The $3.5 billion deep water port, set to start operations late this year, will provide China with a direct gateway to the resource-rich region. Over the last ten years, Beijing has unseated the United States as the largest trade partner for South America, devouring its soy, corn and copper. The port, majority-owned by Chinese state-owned firm Cosco Shipping, will be the first controlled by China in South America. ....

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