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China has invested billions in ports around the world. This is why the West is so concerned

  • Written by Claudio Bozzi, Lecturer in Law, Deakin University
China has invested billions in ports around the world. This is why the West is so concernedShutterstock

On his way to the G20 summit in Rio de Janeiro in November, Chinese President Xi Jinping met with Peruvian President Dina Boluarte to officially open a new US$3.6 billion (A$5.8 billion) deepwater mega-port in Peru called Chancay.

China’s state-owned Cosco shipping giant had purchased a 60% stake in the port for US$1.6 billion...

Read more: China has invested billions in ports around the world. This is why the West is so concerned

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