US Warns Latin America Against Chinese Investments
The United States has issued a warning to Latin American countries regarding Chinese investments, coinciding with Chinese President Xi Jinping's inauguration of a significant port in Peru. The $3.5 billion port in Chancay, north of Lima, is the first Chinese-financed port in South America and aims to serve as a regional trade hub. This development comes as both Xi and US President Joe Biden attend the Asia-Pacific Economic Cooperation (APEC) summit.
US Undersecretary of State for Latin American Affairs, Brian Nichols, emphasized the importance of ensuring that Chinese investments respect local laws and uphold human rights and environmental protections. He highlighted the historical ties between the United States and Peru, stating, “We will focus on building those relationships and ensuring that the Peruvians understand the complexities of dealing with some of the other investors as they move forward.” The US has also provided support to Peru, including donations of trains, coordination with NASA in space initiatives, and the provision of Black Hawk helicopters to assist in combating cross-border crime.
Dan Kritenbrink, US Under Secretary of State for East Asian Affairs, added that the US is presenting a
