China-Latin America Ties Strengthen with Chancay Megaport Expansion

The economic landscape between China and Latin America is undergoing a significant transformation, driven by robust trade relations and strategic infrastructure projects. In a recent episode of THE HYPE, CGTN's Li Zhao explored the dynamic partnership between the two regions, highlighting the pivotal role of the Chancay Megaport in Peru.

Guests included Maria Jesus Sanhueza Moraga, a journalist from Chile's El Ciudadano; Alejandro Cespedes, editor at Peru's La Republica; Alvaro Martin Montalvo Tena, management assistant at Chancay Megaport in Peru; and Zhao Lihong, Chinese director of the Confucius Institute at the Pontifical Catholic University of Peru (PUCP).

Sanhuenza Moraga emphasized the importance of trade liberalization and multilateralism in fostering a positive momentum for economic globalization. Cespedes discussed how emerging markets are benefiting from increased Chinese investment and technological innovation.

Martin Montalvo Tena shed light on the Chancay Megaport project, explaining how its expansion is poised to transform the local economy by enhancing logistics, creating jobs, and attracting further investments. Zhao Lihong highlighted the collaborative efforts in education and cultural exchange that underpin the economic ties between China and Latin America.

Amid global challenges, the partnership between China and Latin America stands resilient, with both sides committed to deepening cooperation across various sectors. The episode concluded with a forward-looking perspective on the vast potential of this collaboration, not just within Latin America but extending to the broader Asia-Pacific region.

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