LIMA — Years ago, China promised Peru it would transform the country into the “Singapore of Latin America,” offering access to its vast market and other Asian nations. In return, China would receive commodities to fuel its growth. The recent Asia-Pacific Economic Cooperation (APEC) summit, held in Lima in early November, showed that this bargain is intact. So far, both countries seem content with their alliance, but global tides are changing, and the U.S. and Europe are wary of this thriving relationship. The most recent illustration of deepening Peru-China ties is the $3.5…
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Publish date : 2024-12-10 05:00:00
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