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Xinhua interviews Helga Zepp-LaRouche on US-China relation

The recent interactions between Chinese President Xi Jinping and U.S. President Donald Trump, particularly their latest phone conversation, are very positive signs of the potential to develop a new type of bilateral relations, a German expert said Friday.

“President Trump’s letter and subsequent phone call with President Xi Jinping are very positive signs that he indeed wants to develop a constructive relationship with China,” Helga Zepp-LaRouche, founder of the Germany-based think tank Schiller Institute, said in an exclusive interview with Xinhua.


The Win-Win Solution: One Belt, One Road

 

Special Guest Speakers:

Helga Zepp-LaRouche, Founder and Chairwoman of the Schiller Institute (via live video hookup);
Dr. Patrick Ho, Chairman, China Energy Fund Committee; Former Secretary for Home Affairs of the Government of Hong Kong

Segment 1 Dennis Speed introduces Helga Zepp-LaRouche (0:00)
Segment 2 Keynote Address by Helga Zepp-LaRouche (2:15)
Segment 3 Questions and Answers (38:08)
Segment 4 Dennis Speed introduces Dr. Patrick Ho (52:06)
Segment 5 Presentation by Dr. Patrick Ho (54:27)
Segment 6 Helga Zepp LaRouche responds to Dr. Patrick Ho’s presentation (1:56:02)
Segment 7 More Questions and Answers (2:03:45)

 


In Transaqua, A Dream Is Becoming Reality for Africa

Dec. 26 (EIRNS)—Decades-long efforts by the Transaqua authors and by the Schiller Institute have achieved a success, as Powerchina, the Lake Chad Basin Commission, and Nigerian authorities on Dec. 13 signed a Memorandum of Understanding for a water transfer project from the Congo Basin to Lake Chad. The project follows exactly the layout of Transaqua, the Italian project for a waterway from the Congo basin to the Lake Chad basin; it is aimed at replenishing Lake Chad and creating a Central Africa transport, energy, and agriculture infrastructure.

With this, the New Silk Road has reached Lake Chad!

According to a statement issued by the LCBC, the deal involves the initial stages of the Transaqua canal. Powerchina, the report says, will study the feasibility of “an African infrastructure project by opening a new corridor of development linking West and Central Africa, through:

  1. Potentially transferring 50 billion cubic meters annually to the Lake Chad through a series of dams in D.R.C., Republic of Congo and the Central African Republic.
  2. Potential to generate up to 15-25 billion kWh of hydroelectricity through the mass movement of the water by gravity.
  3. Potential to develop a series of irrigated areas for crops, or livestock over an area of 50,000 to 70,000 square km in the Sahel zone in Chad, northeast Nigeria, northern Cameroon and Niger.
  4. Creating an expanded economic zone by providing new infrastructure platforms of development in agriculture, industries, transportation, and electrical production, affecting up to 12 African nations.

The statement continues,

“The core idea is to increase the water quantity in the Lake Chad, improvement of water flow conditions, alleviate poverty within the basin through socio-economic activities, meet the energy needs of towns surrounding the two Congo, and to conduct an in-depth environmental impact assessment.”

Previous to the deal, detailed Terms of Reference and methodology for a feasibility study had been provided to the LCBC by a team of the Italian Bonifica engineering firm, led by engineers Marcello Vichi and Andrea Mangano, authors of the original Transaqua idea more than 35 years ago. LCBC Executive Secretary Abdullahi Sanusi Imran had acknowledged, in a communication to the Italians, that the Transaquaconcept “is much more appropriate for the situation of the Lake Chad than all other alternative solutions.” Both Vichi and Mangano had presented the idea at an EIR seminar in Frankfurt last March 23, with the participation of LCBC representative Mohammed Bila.

With Powerchina, a most powerful partner enters the constellation of forces. Powerchina is the Chinese state-owned company that built the Three Gorges Project, the largest hydropower project in the world.

In remarks reported by Nigerian media, the Vice-President of Powerchina, Mr. Tian Hailua, “explained that with the transfer of water to the lake, there is the potential to develop a series of irrigated areas for crops and livestock of over an area of 50,000 to 70,000 sq km in the basin.”

Nigerian Water Minister Suleiman Adamu”noted that the project is a generational project as it would take a long time to actualize, due to the huge capital involved and the complexity of the nature the project. He, however, called for concerted efforts from all to see that the project is achievable as this would save the livelihood of over 40 million people living within the basin.”

Although the volume of water transfer specified is half of the volume of the original Transaqua project to refill Lake Chad, it is expected that the Powerchina study will explore the feasibility of building a system of dams and waterways which can be extended southwards in the Democratic Republic of Congo, involving all the right-bank tributaries of the Congo River. In this way, the project will not only be a simple water transfer but also a major transport infrastructure connecting all nations of Central Africa.

“To be complete, the feasibility study should explore from the beginning the complete length of the water-transfer project,” Transaqua author Marcello Vichi stated, “even if the canal, obviously, should necessarily start from the north, in Central African territory, to proceed southwards as much as allowed by the available funds and by national will. The longer the canal, the bigger will be the water volume to be poured into the lake.


France and the Maritime Silk Road: Past, Present and Future

The July 2 Schiller Institute conference, “France and the Maritime Silk Road: Past, Present, and Future,” held in Nantes, was a major intervention on a hot topic: France has a maritime Exclusive Economic Zone (EEZ) of 10 million square kilometers and the world’s second largest maritime economic area. Nantes—a port city of 900,000 on the Atlantic Ocean and the birthplace of the visionary Jules Verne—has a place in France’s “blue economy.”

Schiller Institute booth at the La Mer XXL Exposition in Nantes, France on June 30, 2019.

Schiller Institute booth at the La Mer XXL Exposition in Nantes, France on June 30, 2019.

The four-hour conference with nine speakers was part of an international maritime exposition, La Mer XXL, that drew 38,000 visitors. Several of the speakers at the Schiller event had important institutional roles in France and all of the speakers were passionate about their subjects and conveyed a sense of optimism and mobilization. The creative ideas and science-driver perspective of Lyndon LaRouche, for the common good of mankind, were very much present.

The Expo was organized by one of the largest media groups in France, the Group Ouest-France; the Maritime Credit Bank; and the French Maritime Cluster, a business association encompassing all ocean-related enterprises—ports, transport o and from ports, shipbuilding, fishing, aquaculture, and deep-water research institutions in biology and mining (oil, rare earths).

Odile Mojon at the literature table during the La Mer Expo.

Odile Mojon at the literature table during the La Mer Expo.

For twelve days, June 28 to July 10, the Schiller Institute manned an exhibit at the Expo. At least 200 exhibitors—associations, companies, research institutions—had booths to present their work. Schiller Institute representatives were able to present the full spectrum of the Institute’s activities and the 484-page French edition of the Institute’s World Land-Bridge report released in November 2018. In the months preceding the event, the Schiller Institute had sent out mailings to regional industrialists and companies; French and Chinese engineers and scientists; and its own contact lists, and followed up with personal contact.

The four-hour, in-depth Schiller conference drew 60 people including representatives from the Friends of the Maritime Museum of La Rochelle, and the Maritime Cluster of Luxembourg, who were eager to get copies of the Land-Bridge report. People came from as far as Provence and Switzerland to participate.

Several copies of the Land-Bridge report were sold on the spot and more during the book dedication event set up at the Expo library. A professor from Africa, who attended the conference, when passing our booth the next day, said he was so excited that he persuaded his university to order five copies.

Prof. Michel Cantal-Dupart (left) and Karel Vereycken, two of the speakers at the Schiller Institute Conference in Nantes, France on July 2, 2019.

Prof. Michel Cantal-Dupart (left) and Karel Vereycken, two of the speakers at the Schiller Institute Conference in Nantes, France on July 2, 2019.

The Schiller Institute’s Karel Vereycken, who has studied the maritime domain for several years, was the moderator, and opened the floor to greetings: André Sobczak, a Nantes city councilman and the 15th Vice-President for International Relations of the Nantes Metropolitan Area, warmly welcomed the participants; Anne Lettrée, CEO of China’s Silk Road Business University and co-organizer of the event; two Minister Counselors of the Chinese embassy who were unable to attend at the last minute, and Minghong Chen, Chairman of the French-Chinese Intercultural Center.

Maritime Silk Road: Ancient and Modern

Karel Vereycken speaks on the Maritime Silk Road.

Karel Vereycken speaks on the Maritime Silk Road.

Vereycken presented the idea that the Maritime Silk Road in history—in China and other countries—has always been a space of cooperation and not of confrontation. With images of beautiful pottery, other ceramics, and other artistic or mechanical objects and utensils, he showed how each one, produced in one area, had designs and decorations coming from elsewhere, thanks to trade on the Maritime Silk Road. He presented another example of the high degree of development of that trade, the shipwreck of an Arab vessel made in Oman, from 826 AD, which was discovered recently on the sea floor near Java, Indonesia complete with the 60,000 pieces of ceramics and manufactured goods, including some with Persian motifs.

University Professor Antoine Cid followed, on Zheng He’s maritime expeditions to the Gulf and eastern Africa in the early 15th century and China’s peaceful and diplomatic objectives of cooperation. This activity was not limited to Zheng He, or to that period of time. Prof. Cid hypothesized that the Chinese, in the early part of the 20th century, decided to make this excellent story a positive epic narrative to convey the message that China is not a conquering power, on sea or on land.

Henri Tsiang, a former researcher at the Pasteur Institute, who also played an important role in mediating between France and China after World War II, went through what is happening in the South China Sea, the issues and the actors, and how the withdrawal of the United States from the Trans Pacific Partnership (TPP) has led to the expansion of other peaceful trade initiatives in the zone, a good way of solving disputes that had been used by geopolitical forces to harass China.

Sebastien Goulard, a public affairs consultant, and founder and coordinator of OBOReurope, countered the fake “debt trap” narrative and other false stories circulated to slander China. He made clear that problems can and do arise here and there, due to changes in political power in participating countries, and due to differing conceptions of investment terms: for the Chinese it’s the long term, while for the West it’s the time of an election cycle.

He showed that the Chinese are quick to find new solutions: The sale of Sri Lanka’s Hambantota port to a Chinese company, with the possibility offered to the state to acquire up to 50% ownership in 20 years, protects that port from political changes created in the country by competitors to China, in this case, India. Chinese investments, he showed, improve competition in a good way. After the Chinese financed the port, the Indians decided to build an airport, which in the meantime has become complementary to the port!

Sébastien Périmony discusses his recent trip to Africa with a conference attendee.

Sébastien Périmony discusses his recent trip to Africa with a conference attendee.

Sébastien Périmony of the Schiller Institute Africa Desk spoke about projects of the African terrestrial and maritime “silk roads,” and reported on his recent experiences in Ivory Coast and Angola. 

Contributions followed from people actively involved in New Silk Road cooperation.

The Silk Road Today and Tomorrow

The next speaker, Professor Mohamed Jebbar, held the audience in rapt attention. He is a professor of microbiology at Brest University, Director of the Microbiology Laboratory of Extreme Environments (LM2E) and co-director of the French-Chinese Laboratory of Deep-Sea Microbiology, called MICROB-SEA, which he fought for several years to establish. The laboratory’s objective is to study the conditions of ocean life at a depth of 5,000 meters—where the total absence of light had led people to believe that life was not possible, or that it was determined by life above those limits. Prof. Jebbar explained that life does exist at those depths, and that it is organized by bacteria that accomplish through chemosynthesis what the Sun accomplishes on the Earth’s surface through photosynthesis. He explained to the audience how this works.

His Franco-Chinese research center collaborates with the astrobiologists of the European Space Agency (ESA) and other space agencies to see what those extreme conditions can teach us about the existence of life in space. The first test carried out in a joint effort between the Chinese and ESA was to see if the microalgae called spirulina, sent in satellites, could grow in space.

Anne Lettrée spoke on “Earth, innovation, technologies, art, nature and health, a whole program.” She is an executive of the Silk Road Business School (Paris and Xi’an) who has become impassioned with China and fully supports the New Silk Road. She is creating a large holistic park, the Garden of Titans, in Normandy, with spaces for research, artwork, and theater, combined with ecology. Jane Han, the official representative in France of China’s largest photovoltaic company, confirmed China’s interest in this park conception.

Two important French figures spoke in the last section on the future of the New Silk Road. Michel Cantal-Dupart, architect, urban planner, and professor at CNAM (Conservatoire Nationale des Arts et Métiers—School of Industrial Arts and Crafts) is engaged in large urban architectural projects and territorial infrastructure—inland waterways, rapid transport—and works with the UN to develop these programs in developing countries. He was clear in his anger at the lack of vision by successive French governments for the  development of France’s waterways and canals—the largest set of inland waterways in Europe, which are all totally disconnected today. Instead of having a system, France has a series of dead ends.

He was followed by Bernard Planchais, the recently retired operational Director General at the National Naval Construction Company (formerly DCNS and today the Naval Group), producing civilian ocean liners and military vessels such as the Mistral and submarines. Planchais presented a “war plan” for France to develop its maritime economy, since France commands, after all, the second largest maritime zone in the world. While at the DCNS, Planchais worked with the nuclear sector to develop Flex Blue, a program using nuclear submarine technology to build small nuclear plants operating on the ocean floor—a great idea which, like many others, was never developed at all by our successive governments.

The conference concluded with Odile Mojon’s presentation of the Schiller Institute’s Land-Bridge report, in the context of the ongoing fight by Helga Zepp-LaRouche today to bring about a just new world economic order.

The organizers of the Expo were impressed by the size of the group gathered for such a four-hour, in-depth conference and requested three minutes of video footage of our event to use in their Expo publicity.


China’s High-Speed Rail Investment Would Cover the U.S.A.

Brookings’ Africa in Focus online magazine published an article Sept. 25 on “The Expansion of Chinese Railways in Africa,” which made clear that Chinese President Xi Jinping’s expressed wish to “link all the capitals in Africa with high-speed rail” is well underway.

China has projects in progress all over the continent, the magazine reports, totaling tens of billions of dollars in investments, and providing the African continent with the connectivity of a standard (Chinese) gauge in replacement of the half-dozen gauges of the old railroad fragments built under well-forgotten colonial empires.  One of the most important, the rail corridor across Kenya which will then connect north to the Mediterranean coast, is scheduled to start construction in October, financed by the China Export-Import Bank and the Kenyan government.

But the article’s observation that China’s rail building abroad is expanding rapidly while it slows at home, is not true.  The nation’s investment through China Railways in high-speed rail within the country, has increased by 20% in the past year and is running at nearly $100 billion a year (430 billion yuan, or $65 billion, through August in 2014, as reported in Xinhua).

This is a very large investment; it would build a nationwide network of high-speed electrified corridors in the United States in less than five years, according to a thorough EIR study of requirements published in 2002, although U.S. landmass is greater than China’s. Rep. Peter DeFazio (D-OR), when he publicly slammed Obama in 2011 for deliberately failing on economic infrastructure, had introduced legislation for $300 billion in high-speed rail funding over six years — a very serious level but only half that of China now.

A Reuters article Sept. 29 quotes Xinhua that so far the increase has been accomplished solely with state banks — Industrial and Commercial Bank of China Ltd., Agricultural Bank of China, China Construction Bank Corp., and Industrial Bank Co. — all contracting with China Railways Corporation. The government’s targeted investment level is even higher than this $100 billion annual rate, intending to bring private banks and funds into the investments through China Railways.


China Begins South Asia Tour, as India Strengthens Ties with Vietnam

Arriving in Colombo, Sri Lanka, on September 16th, Chinese President Xi Jinping met with Sri Lankan President Mahinda Rajapakse, seeking to strengthen ties with the strategically located Indian Ocean nation. During his visit, Xi is expected to initiate the building work on a Beijing-funded $1.4 billion port city for Colombo and launch Sri Lanka’s biggest electricity generator, a Chinese-funded 900MW coal-fired power plant. The 900MW Norochcholai plant, located on the west coast, is a complex of three 300MW plants, two of which were already in operation. Xi is expected to preside over the commissioning of the third plant.

‘Inches to Miles’

n Sept. 17, Xi will be in India. In his plans to broaden the China-India economic relations, Xi is bringing along a delegation of 135 CEOs. With the expectations riding high, an Indian official in the Ministry of External Affairs told New Delhi-based Financial Express that Beijing has decided to scale up investments in India regarded widely as the most safe investment destination.

“China is considering investing in India’s ambitious plan to build high-speed railways, including bullet trains. India has already invited China to modernize railway stations,”

the official said.

Meanwhile, Indian Prime Minister Narendra Modi told Chinese media in an exchange on Sept. 15,

“The arithmetic and chemistry of our relations convince me that together we can script history. When India and China strengthen relations, almost 35% of the world’s people come closer and their lives undergo qualitative change. Arithmetically, when India and China gain, a significant percentage of world’s population gains…But, our relation is beyond plain arithmetic.”

Later, Modi tweeted :

“If I have to describe potential of India-China ties I will say — INCH (India & China) towards MILES (Millennium of Exceptional Synergy)!”

India has also begun to look towards Southeast Asia for investments. India extended a $100 million export credit to Vietnam for defense deals. During the ongoing visit to Vietnam by Indian President Pranab Mukherjee, the two countries said in a joint statement that the credit line would open new opportunities for defense cooperation and that details of what Vietnam would buy were being completed.

“The leaders agreed that defense and security cooperation was an important pillar of the strategic partnership between the two countries,”

the joint statement issued in Hanoi said. Two sides also agreed to “consolidate” energy cooperation following a 2013 agreement under which PetroVietnam offered India’s ONGC oil and gas blocks for exploration and production.

India and Vietnam have deepened military cooperation over the past decade, and, under new administration, India is pushing ahead with a new strategy to establish itself as an arms exporter, using export credits to get foreign sales. The money may help slow-moving talks to sell Russian-Indian jointly produced Brahmos supersonic cruise missiles to Hanoi.

 


Helga Zepp-LaRouche: China, Contrary to the West, Is Not Operating on the Basis of Geopolitics

Helga Zepp-LaRouche, in her Sept. 11 webcast on the BüSo website was, asked about the alternative to Western policy that is developing around the BRICS. In her reply, she also went into her impressions of her visit to China in late August-early September.

Not only does China continue to make spectacular progress in building infrastructure throughout the country — at a pace unheard of today in Europe, she stressed, but the government is simultaneously striving to make sure that the population remains conscious of its long and rich cultural heritage, such as the Great Wall and the Silk Road. She, herself, got a sense of that during the “fact-finding tour” of the Old Silk Road that she and others took in the West of China.

Her two-week visit was packed with meetings and conferences, but she wanted to summarize the sum of her experiences.

“This is of great importance: We have to make sure that the German population and others in Europe and America acquire a correct understanding of what is going on in China with the Silk Road and its space policy.”

What one generally hears from think-tanks in the West, Zepp-LaRouche said, is that China just wants to extend its influence, and further its imperial expansion. “Nothing could be more wrong,” she commented. But these Westerners judge China’s economic and space policies by projecting onto China what they themselves do when they pursue geostrategic interests, just as the EU is pursuing, and want to expand the EU ever further. Both former EU foreign policy representative Solana and EU Commission President Barroso have said there is no limit to EU expansion.

“The EU is a neo-imperialist entity which pursues geopolitical interests and considers them to be in blatant contradiction with the alleged geopolitical interests of others countries, such as the U.S., Russia, China, the BRICS group. And that is what is wrong.”

But what is motivating Chinese policy and what has become the guiding light for the BRICS and for a growing number of countries around them, Zepp-LaRouche went on,”is not geopolitics. People in the West cannot even imagine that there are countries which are not operating on the basis of neo-liberalism, monetarism, positivism, and geopolitics, and whose axiomatics are perhaps not identical with, but are very similar to, the thinking and principles that Gottfried Leibniz put forward at the end of the 17th and the beginning of the 18th centuries — that is, a true development perspective for the universal history of mankind which is completely comparable to the policy of the American Revolution or of John Quincy Adams, one of the earliest Presidents who said:

“That is emphatically what China is doing today.”

Many people may not understand that, or believe it, Zepp-LaRouche said. But she can assure them that China is operating for the moment on the basis of 5,000 years of Chinese history, more than that of any other country. That is manifest, for example, in the role that Confucianism still plays today in China’s identity, and also in other “nice things” such as Chinese cuisine, which is famous worldwide.

China “is a cultural nation which is not imperialist, and whose interest is to further develop mankind,” which is the concept of the New Silk Road.”Since the reforms of Deng Xiaoping at the latest, by applying the correct scientific principles, China has realized the greatest economic transformation of any country on this planet. And they are now at the point where they are saying: We will transform the other, still-undeveloped regions of China, and raise the population’s living standards, and above all we will make this model of development available to all, in the form of the New Silk Road being in the tradition of the old Silk Road. This is an open concept. Everybody is invited to join in and contribute. It is explicitly inclusive and not directed against the alleged geostrategic interests of other nations or groups of nations.

“That is a very important difference. It is not geopolitics, but a dynamic concept of the upward development of the human species. And I would ask all our viewers’ who do not believe me to send me their questions. I am more than willing to engage in a dialogue with you, because it is crucially important for Germany that we understand this.”

 

Helga Zepp-LaRouche


Amidst US/China Tensions, Schiller Institute Holds “Win-Win” Forum on BRI in Los Angeles

In the midst of a flare-up of tensions between the US and China, sparked by the Anglo-American establishment’s fierce commitment to drive a wedge between the two nations, the Schiller Institute held a forum on June 15 in the Los Angeles area to promote the idea of cooperation on the Belt and Road Initiative (BRI).

The session was opened by a movement from a composition for unaccompanied violin by J.S. Bach, performed by a student from the Los Angeles County High School of the Arts. This was followed by a five minute video of Schiller Institute founder and chairperson Helga Zepp-LaRouche, who greeted the attendees and provided a strategic context for the meeting. She deplored the recent nasty provocations being directed at China by some notorious political factions in the US, and presented a vision of an alternative path, where the US and China lead the world into the future based on the highest cultural and scientific principles, and the most ambitious infrastructure scheme in human history, the BRI.

Zepp-LaRouche was followed by Shi Yuanqiang, deputy consul general for the People’s Republic of China in Los Angeles. Shi provided a very thorough explication of the goals and structure of the BRI, stressing that there is extensive consultation between China and the other nations participating in the project, that all parties participate as equals and share in the benefits. He provided examples of the projects that are being built with Chinese collaboration in Africa and Central Asia, and elaborated on President Xi Jinping’s vision of a “Community of Common Destiny”, a mutually beneficial, “Win-Win” relationship among nations. Shi emphasized that there was a place at the table for the United States.

Shi-presentation

Following Shi’s presentation, there were remarks by Richard Chen, a board member of the US-China Forum who had acted as an interpreter for Chairman Deng Xiaoping during his historic visit to the US in 1979. Chen said that the two great accomplishments of the US after the end of World War II were the establishment of the United Nations, and the Marshall Plan. He compared China’s current role with respect to the developing nations, to the Marshall Plan.

Platt-presentation

The concluding presentation was by Schiller Institute representative Daniel Platt. He opened with an image that juxtaposed two historic paintings, showing Americans and Chinese fighting their respective battles against British colonialism during the American Revolution and the Opium Wars. Platt asserted that the methodology of the Empire, typified by the “Zero-Sum Game” approach of geopolitics, is an “article of faith” for today’s neoconservative movement. To this he contrasted President Xi’s concept of “Win-Win”, or Helga Zepp-LaRouche’s vision of humanity entering adulthood. He discussed the historical parallels between the US and China with Dr. Sun Yat-Sen’s embrace of the economic conceptions of Abraham Lincoln, and their shared approach to infrastructure development. He then reviewed the history of the proposals made by Lyndon LaRouche in the years following the dissolution of the Warsaw Pact, culminating in the World Landbridge.

platt-wlb

Among the eminent personalities who took part in the forum were the consul generals of Kenya and Belgium, as well as consular officials from Armenia and Malaysia, and a large delegation from the PRC consulate.


A Silk Road for the 21st Century – CCTV Interview with Helga Zepp-LaRouche

Founder and president of the international Schiller Institute, Helga Zepp-LaRouche, was interviewed by Chinese host Yang Rui at the CCTV studio in Beijing, China on April 15, 2014.


China To Build New Megaport in Peru as “Continental Hub”

Peru’s signing an MOU joining the Belt and Road Initiative during the Second Belt and Road Forum for International Cooperation April 25-27 has set into motion huge economic development projects which China has been offering.

Peru’s Volcan mining company and China’s port and shipping giant COSCO signed an agreement on May 13 to construct a megaport in Chancay, 50 km north of Lima. Chancay is a natural deepwater harbor (maximum water-depth of 16 meters), capable of handling today’s largest ships, but currently with no commercial port capacity. Now it is to be developed into the biggest port on South America’s Pacific Coast, and serve as a “continental hub” for cargo between South America and China, with two specialized terminals able to handle container, bulk, roll-on/roll-off and general cargo. Projected completion is in 28 months, with an estimated 9,000 jobs (1,500 direct and 7,500 indirect) created in the process.

The signing ceremony was attended by Peru’s President Martin Vizcarra and Transportation Minister Maria Jara, and COSCO’s Chairman Captain Xu Lirong and Managing Director Zhang Wei, and received great national media coverage.

“COSCO Shipping will jointly cooperate with Peru to develop the Port of Chancay into an important hub port in Latin America near the Pacific Coast, which will promote regional economic development. It will become the new link and bridge for trade and economic exchanges between China and Peru,” Captain Xu said at the signing.

President Vizcarra called the signing

“a milestone. Based on mutual connectivity of the Belt and Road Initiative, the companies from China and Peru jointly invested and developed the Chancay Project, which lays a solid foundation for Peruvian economic development,” he said.

“The construction of the Port of Chancay will contribute to regional development, and we expect to develop the Port of Chancay into one of the most important ‘hub’ ports in South America, and a logistics center near the Pacific Coast, which will promote regional trade and trade between China and the Latin America.”

This new “regional hub” begs the question of the continental rail network which has yet to be built. Not surprisingly, President Vizcarra raised the bioceanic part of that rail network, in a recent interview with Reuters. Vizcarra suggested that China — among others — could be a natural partner to help finance and build the bioceanic railroad, because it would be purchasing its products. He referred to the Central Route, connecting Brazil and Peru through Bolivia.


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