Tag #Chancay Port

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china.org.cn
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Chancay Port: A Modern Inca Trail Boosting Peru's Economy

Chancay Port in Peru, operational since 2021, surpassed \$777 million in trade during the first five months of 2025, creating 7,000 jobs and boosting Peru's GDP by an estimated 1.8 percentage points; it shortens shipping times between Asia and Latin America, increasing trade and fostering cultural e...

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36% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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Chinese E-commerce Platforms Surge in Peru, Driven by Low Prices and New Port

Chinese e-commerce platforms like Temu, AliExpress, and Shein are rapidly gaining market share in Peru, exemplified by Temu's near-leadership position within a year, driven by low prices and aggressive marketing; this growth is facilitated by infrastructure improvements such as the Chancay Port, sig...

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40% Bias Score

Reduced Inequality
nrc.nl
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Chancay Port: Speeding Up Latin America-China Trade, Raising Geopolitical Stakes

The newly opened Chancay port in Peru, 60% owned by COSCO (China), drastically reduces shipping times between Peru and China to 23 days, becoming a crucial hub for Latin American-Chinese trade within the Belt and Road Initiative, despite US national security concerns.

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48% Bias Score

Industry, Innovation, and Infrastructure
elpais.com
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Chancay Port: A Gateway for Latin American Trade Diversification with Asia

The newly opened Chancay port in Peru, a major Chinese investment, can handle megaships, offering Latin America enhanced trade with Asia, particularly China, mitigating tariff crisis vulnerabilities.

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48% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
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Faster Shipping Route Boosts South American Fruit Sales in China

A cargo ship carrying over 20,000 tons of South American fruits arrived in Shanghai on December 18, marking a new, faster trade route that cuts shipping time by over 20 percent, boosting fruit sales significantly in China.

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44% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
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Chancay Port: Boosting Peru's Economy and Trade with China

The China-Peru joint project, Chancay Port, opened on November 15, 2023, reducing shipping time between the two countries by 23 days, cutting costs by 20 percent, and boosting Peru's GDP by 0.3 percent initially, with the potential to reach 0.9 percent upon full completion; creating 1300 direct and ...

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48% Bias Score

Decent Work and Economic Growth
africa.chinadaily.com.cn
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Chinese E-Commerce Booms in Peru, Driven by Low Prices and New Port

Chinese e-commerce platforms like Temu are rapidly gaining market share in Peru, achieving 21.9 million monthly page views in under a year, despite low average salaries and high poverty rates, further boosted by the new Chancay Port's reduced shipping times and costs.

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44% Bias Score

Reduced Inequality
spanish.china.org.cn
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Chinese E-commerce Dominates Peruvian Market

Chinese e-commerce platforms, particularly Temu, are rapidly expanding in Peru, achieving high website traffic and market share within a year despite economic challenges; this expansion is further facilitated by the new Chancay port, built by a Chinese company, which is expected to significantly imp...

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44% Bias Score

Reduced Inequality
spanish.china.org.cn
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Chancay Port Cuts Shipping Times, Boosts Peru-China Trade

Peru's newly inaugurated Chancay port, a key Belt and Road project, has slashed shipping times to China by 14 days and costs by 30%, significantly boosting agricultural exports, particularly mangoes, and strengthening the already robust Peru-China trade relationship which reached $43.36 billion in 2...

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56% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
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Chancay Megaport Generates $419 Million in Trade, $39.3 Million in Tax Revenue for Peru

Peru's Chancay megaport has generated $419 million in merchandise trade, yielding $39.3 million in tax revenue, facilitating exports of palm oil, fresh palm fruits, and blueberries, and imports of yellow corn, construction equipment, and solar panels.

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44% Bias Score

Decent Work and Economic Growth
global.chinadaily.com.cn
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Chancay Port Opens: Boosting Peru-China Trade and Latin American Connectivity

The newly opened Chancay Port in Peru, a China-Peru collaboration under the Belt and Road Initiative, launched on November 15, 2023, reducing shipping times between China and Peru by 23 days and logistics costs by at least 20 percent, and is expected to contribute 0.3 percent to Peru's GDP.

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52% Bias Score

Decent Work and Economic Growth
bbc.com
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China Expands Influence in Latin America: Chancay Port and the Twin Ocean Railway

China's Chancay Port in Peru, opened November 14, 2024, marks a new era in South American trade, potentially enhancing trade efficiency between Asia and South America via the planned Twin Ocean Railway, raising concerns about China's growing influence and strategic goals in the region.

Progress

48% Bias Score

Reduced Inequality

Showing 1 to 12 of 14 results