Written by 
Exports of Chinese cranes are flooding into some Latin American countries, suggesting active expansion in construction activities under Beijing’s Belt and Road Initiative and paving the way for diversification amid the looming trade war with the United States, analysts said. Crane exports to Peru rose by nearly 132 per cent year on year in October, […]
Chinese President Xi Jinping took part in the inauguration of a major Beijing-funded port in Chancay, Peru, on Thursday, hailing the US$3.5 billion project as “the birth of a new land-sea passage for a new era”. In his speech at the megaport’s opening ceremony, the Chinese leader praised the project as “a successful case of […]