China is building a mega port on Peru's Pacific coast.
The United States is worried about China's growing geopolitical clout in Latin American and has pressed Peru to rethink major Chinese stakes in its critical infrastructure.U.S. officials raised their unease directly with the Peruvian government, highlighting specific risks associated with acquisitions by Chinese state-owned companies of Lima's power grid and a mega port project on the country's Pacific coast, according to the Financial Times.One U.S.
The Trump administration sanctioned two of its subsidiaries for supplying oil to Iran, but the restrictions were later lifted to ease pressure on oil markets.The Chinese company also controls key terminals Greece, Spain and Turkey.Beijing has long dismissed Washington's concerns about its commercial interests around the world as simple paranoia.SOUTHCOM didn't return an emailed request for comment before publication.
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