Peruvian President Dina Boluarte’s five-day visit to China is making waves as a symbol of resilience in turbulent times. The first Peruvian leader to visit in eight years, Boluarte’s itinerary spans Shenzhen, Shanghai, Suzhou, and Beijing—showcasing China’s tech hubs and cultural gems.
Trade Boom & Belt and Road Boost
The two nations, diplomatic allies since 1971, are now turbocharging their partnership. Peru is China’s 4th-largest trade partner in Latin America, with exports to China hitting a record $25 billion in 2023 (up from $3.55B in 2008!). Recent FTA talks aim to unlock even more opportunities, from Peruvian copper to textiles.
Port of Prosperity 
All eyes are on the Chancay Port Complex—a $3.5B mega-project under China’s Belt and Road Initiative. Slated to open in November, this ‘cross-Pacific highway’ will slash shipping times between Peru and Shanghai to 20 days. Think of it as a real-life SimCity project reshaping global trade routes!
With Peru’s economy now forecast to grow at 3.1%, this partnership proves that collaboration > chaos in today’s shaky geopolitics.
Reference(s):
cgtn.com