naturalgasbad to World News@lemmy.ml · 8 months agoChina widens South America trade highway with Silk Road mega portwww.reuters.comexternal-linkmessage-square3fedilinkarrow-up137arrow-down13
arrow-up134arrow-down1external-linkChina widens South America trade highway with Silk Road mega portwww.reuters.comnaturalgasbad to World News@lemmy.ml · 8 months agomessage-square3fedilink
minus-squarebartolomeo@suppo.filinkfedilinkarrow-up6arrow-down1·8 months ago the new port embodies the challenge facing the United States and Europe as they look to counter Beijing’s rising influence in Latin America. Why do the U.S. and E.U. want to counter Beijing’s influence?
minus-squarenekandro@lemmy.mllinkfedilinkarrow-up8·8 months agoBecause whereas Western lenders would want Peru to take on austerity measures in exchange for high-interest debt to fund this project, COSCO decided to just do it themselves.
Why do the U.S. and E.U. want to counter Beijing’s influence?
Because whereas Western lenders would want Peru to take on austerity measures in exchange for high-interest debt to fund this project, COSCO decided to just do it themselves.