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Eugene

(65,016 posts)
Sat May 10, 2025, 12:12 PM May 10

Brazil, China discuss railway from Peruvian port to Brazil territory

Source: Reuters

Brazil, China discuss railway from Peruvian port to Brazil territory

Reuters
Fri, May 9, 2025 at 12:06 PM EDT 2 min read

BRASILIA (Reuters) - Brazil is in talks with China to build a railway connecting the Chinese-built mega Chancay port in Peru to Brazilian regions, Planning Minister Simone Tebet said on Friday.

"They are very interested in helping Brazil, in crisscrossing the country with railways," Tebet told local outlet Carta Capital in an interview.

Chinese President Xi Jinping attended the inauguration of the deepwater port in November.

The $1.3 billion Chancay project is Beijing's largest investment in South America and part of its push to expand trade and influence across the continent.

-snip-

Read more: https://www.yahoo.com/news/brazil-china-discuss-railway-peruvian-160610891.html

3 replies = new reply since forum marked as read
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Brazil, China discuss railway from Peruvian port to Brazil territory (Original Post) Eugene May 10 OP
road and bridge project creon May 10 #1
China also sets up debt traps with these projects. Irish_Dem May 10 #2
yes creon May 10 #3

creon

(1,547 posts)
1. road and bridge project
Sat May 10, 2025, 12:20 PM
May 10

This must be part of the world wide project to build influence by build[ng infrastructure around the world

Irish_Dem

(69,672 posts)
2. China also sets up debt traps with these projects.
Sat May 10, 2025, 12:43 PM
May 10

None of this is free. China loans third world countries the money to build infrastructure.
But they have to use Chinese companies, so China gets the money, but the third world
country has to pay off the debt just the same.

The third world counties can never pay back the debt so they are beholden to China in perpetuity.

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