Xi Jinping visits Peru for APEC meeting and port inauguration amid trade tensions

sg.news.yahoo.com

Chinese leader Xi Jinping is in Peru for the APEC meeting, amid concerns about renewed trade tensions under Donald Trump. He will meet with leaders from the U.S. and other Asia-Pacific nations in Lima. During his visit, Xi will inaugurate a $3.5 billion Chinese-funded port in Chancay, which aims to enhance trade connections in South America. This port will also benefit countries like Chile, Colombia, and Ecuador. After APEC, Xi will travel to Brazil for a G20 summit. China is Brazil's largest trading partner, with significant trade in semiconductors and pharmaceuticals. Both countries are working to strengthen their ties while navigating relations with the U.S.


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