China’s trade with some South American nations is accelerating after the opening of Peru’s Chancay port, underscoring Beijing’s push to secure resources and bolster industrial supply chains under the Belt and Road Initiative, analysts said.
The surge in two-way trade builds on years of Chinese investment and comes as the United States seeks to roll back Beijing’s influence in the region under a strategy US President Donald Trump has called the “Donroe” doctrine – invoking a 19th-century policy…