Peru's Chancay megaport poised to reshape trade in the Pacific

"From Chancay to Shanghai" has become a popular slogan in Peru as Chancay Port, a flagship project of China-proposed Belt and Road Initiative, prepares for its grand opening later this month.

The $1.3 billion deepwater port, developed by China's Cosco Shipping, is set to revolutionize regional trade by accommodating the world's largest cargo ships and significantly reducing shipping times. Transit time to Shangh