Chancay-Shanghai Shipping Route Bears Fruit, Despite U.S. Opposition
The Shanghai-Chancay shipping route through the beautiful modern deepwater port which China’s COSCO Shipping built at the Chancay Port near Lima, became fully operational on Dec. 18, 2024 (cf. SAS 47/24). It is the most important Belt and Road Initiative (BRI) project yet in the Western Hemisphere. Two voyages back-and-forth between Shanghai and Chancay now take place weekly, cutting the shipping […]
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