China's Xi opens $3.5bn Peru megaport in U.S. backyard

Belt and Road project to be 'nerve center' for Asian-South American trade

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Workers stand next to cranes at the new Chinese-built megaport in Chancay, Peru, on Oct. 24. © Reuters

PAK YIU, Nikkei staff writer

LIMA, Peru -- Chinese President Xi Jinping and Peru's President Dina Boluarte on Thursday inaugurated one of the largest deep-water ports in South America and a critical link in his Belt and Road infrastructure initiative.

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