Xi Jinping arrives in Lima to inaugurate Chancay port and attend APEC summit

Chinese President Xi Jinping arrived in Lima on Thursday to inaugurate the Chancay deep-water port, a major infrastructure project in Peru. This port is part of China's significant investment in Latin America, totaling $1.3 billion so far. Xi will also attend the Asia-Pacific Economic Cooperation summit in Lima and the Group of 20 summit in Rio de Janeiro next week. His visit includes state visits to Peru and Brazil, both key suppliers of commodities to China. The Chancay port aims to enhance trade between Asia and South America. Xi emphasized the importance of collaboration in developing the port to benefit both China and Peru.