SAO PAULO/BEJING -- A majority Chinese-owned port in Peru is expected to become a crucial link in the Belt and Road infrastructure initiative as the U.S. warily eyes Beijing's expanding influence in what Washington considers its backyard.
Belt and Road
China-backed megaport to open in Peru as Belt and Road hub
Lima touts efficiency and capacity as U.S. raises concerns over military use
The new port is majority owned by COSCO Shipping, China's largest state-owned shipper. © Reuters
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