In the coastal town of Chancay, Peru, a sleepy port is now buzzing with futuristic tech—think unmanned cranes and 5G networks—thanks to China’s investment. The megaport, set to handle 1.5 million cargo units yearly, will slash shipping times to China by 23 days and cut costs by 20%. Talk about a glow-up!
From Sleepy Port to High-Tech Hub
Chancay’s transformation into Latin America’s trade gateway means countries like Brazil and Argentina can now ship everything from coffee to cars to Asia faster and cheaper. It’s like upgrading from dial-up to 5G for global logistics!
FTAs Fuel Global Growth
China’s inked free trade deals with 29 countries and regions, unlocking markets for Chilean cherries and New Zealand dairy . Trade with these partners jumped 8% in 2022—outpacing China’s overall growth. Professor Wang Yong of Peking University says: ‘These deals let the world share China’s thriving market. It’s a win-win!’
As anti-globalization trends rise, China’s betting big on open markets. Will this strategy redefine 21st-century trade?
and New Zealand dairy 
. Trade with these partners jumped 8% in 2022—outpacing China’s overall growth. Professor Wang Yong of Peking University says: ‘These deals let the world share China’s thriving market. It’s a win-win!’
