Browsing: Special Report

The inauguration of the Chancay megaport in Peru in November 2024, presided over by Chinese Communist Party (CCP) General Secretary Xi Jinping and then President Dina Boluarte, was hailed by Beijing as a landmark achievement for the Belt and Road Initiative (BRI) in Latin America. With an investment of $3.5 billion and under the control of Chinese state-owned COSCO Shipping,…

In just two decades, China has gone from being an emerging economic partner to a key player in Latin America. Its investments in ports, power grids, and infrastructure have consolidated its influence in the region. But alongside this visible progress, another has unfolded in the shadows: the expansion of Chinese criminal networks. “China’s influence is not limited to traditional spheres…

In just two decades, China’s presence in Latin America has grown at a pace that is as overwhelming as it is strategic. Like a patient player in a long game, Beijing has managed to position itself in key sectors, reconfiguring the region’s economic and geopolitical landscape in its favor. According to a recent report by the Center for Strategic and…

At the start of the 21st century, when Ecuador was facing the closure of Western financing due to high debt, China burst onto the scene with million-dollar loans, promises of accelerated development, and a seductive discourse of cooperation between equals. The offer was as timely as it was strategic. Today, China is not only Ecuador’s main trading partner but is…

In late 2024, Ecuador underwent an unprecedented energy crisis, with electricity rationing of up to 14 hours a day. Although the main causes have been attributed to drought and low river flows due to global warming, another factor is aggravating the situation: the low-yield, China-built hydroelectric plants. Martin Brown, a researcher at the Jack D. Gordon Institute of Public Policy…

In November 2024, the relationship between Peru and the People’s Republic of China (PRC) took a decisive turn with the inauguration of the Chancay Multipurpose Port Terminal. This ambitious project, majority owned by the Chinese state-owned Cosco Ocean Shipping Company (COSCO), was presented as a transformational milestone for the Peruvian economy and its regional integration. Months prior to its inauguration,…

The year 2024 marked a turning point in the relations between the People’s Republic of China (PRC) and Peru. While at the global level countries such as those of the European Union, Canada, and the United States have been implementing measures to curb China’s advance, the PRC consolidated its control over strategic sectors in the Andean country. In February, Peru…