China’s presence in Latin America has expanded dramatically
The region’s leaders are failing to consider the risks of growing dependence
Its main breakwater is visible from a plane at 6,000 metres (20,000 feet), a hook jutting into the Pacific from Peru’s tawny coastal desert. In November, if all goes to plan, President Xi Jinping of China will inaugurate the vast new port at Chancay, 70km (44 miles) north of Lima on which Cosco, a Chinese company, and its local partner have so far spent $1.3bn.
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This article appeared in the The Americas section of the print edition under the headline “The sleepwalkers”
From the July 6th 2024 edition
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