Peru

Opinion | To respond to a Trump trade war 2.0, China has a few tools at its disposal

22 Nov 2024 - 8:12AMvideocam

Donald Trump

Editorial | Torch of international cooperation to burn despite Trump return

China’s President Xi Jinping along with leaders at the Apec and G20 summits make it clear multilateralism is still the way to go.

22 Nov 2024 - 2:23AM

Beijing is not US president-elect Donald Trump’s only target in a trade war – he also has threatened tariffs on the rest of the world. Photo: AFP

Harsh Chinese retaliation against Trump tariffs is unlikely, economist predicts

Beijing has other moves at its disposal, including deepening trade ties with the rest of the world and increasing demand at home.

21 Nov 2024 - 5:47AMvideocam

G20

G20 summit begins with Brazilian host laying out ambitious global priorities

Anti-poverty agenda set by Brazil’s leader gains some initial support, but progress is threatened by instability and conflict around the world.

21 Nov 2024 - 6:44AMvideocam

Joe Biden

Biden becomes first sitting US president to visit Amazon rainforest

US president flew over the jungle in a helicopter and met with Indigenous leaders, before heading to the G20 summit in Rio.

18 Nov 2024 - 4:39PM

US President Joe Biden in Marine One has an aerial tour of the Amazon in Manaus, Brazil. Photo: Reuters

Hong Kong to explore striking free-trade deal with Latin America: John Lee

City leader also says freshly signed deal with Peru likely to take effect in about six months once legal procedures are sorted.

17 Nov 2024 - 9:13PM

Hong Kong politics

Hong Kong leader updates Xi Jinping on city’s progress at Apec summit in Peru

Hong Kong’s John Lee met Chinese president on at least four occasions during visit to South America for Apec summit.

17 Nov 2024 - 9:12PM

Apec statement calls for enhanced free trade, climate action

Leaders statement on comes despite deep scepticism on trade from incoming US president-elect Trump.

18 Nov 2024 - 9:29PMvideocam

Top row (L-R): Russia’s Deputy Prime Minister Alexei Overchuk, Papua New Guinea’s Deputy Prime Minister John Rosso, New Zealand’s Prime Minister Christopher Luxon, Singapore Prime Minister Lawrence Wong, Taiwan’s APEC representative Lin Hsin-i, Thailand’s Prime Minister Paetongtarn Shinawatra, US President Joe Biden, Vietnam’s President Luong Cuong. Bottom row (L-R): Chile’s President Gabriel Boric, Chinese President Xi Jinping, Peru’s President Dina Boluarte, Hong Kong Chief Executive John Lee, Indonesia’s President Prabowo Subianto, South Korea’s President Yoon Suk-yeol and Malaysia’s Prime Minister Anwar Ibrahim pose for a family photo at the Apec summit in Lima, Peru, on Friday. Photo: Reuters

Hong Kong society

Meet the Hong Kong woman sharing Peru’s natural beauty with Chinese travellers

Lee Shuen gave up her busy career in Hong Kong after witnessing the splendour of the Andes, and now has a family and a business in Peru.

16 Nov 2024 - 5:34PM

Lee Shuen hopes to teach more people about native Peruvian culture. Photo: Handout

Hong Kong’s free-trade deal with Peru expected to help firms enter Latin America

Business leaders eye opportunities in areas from finance to transport, saying deal will also help promote city as trading and investment hub.

16 Nov 2024 - 8:15PM

Hong Kong says new free-trade pact with Peru will spur business opportunities

Peruvian leader calls deal ‘new impetus for our companies to access one of the most competitive and dynamic markets in the world’.

17 Nov 2024 - 12:45AMvideocam

South Korea

South Korea’s Yoon tells China’s Xi cooperation needed on Russia and North Korea

Yoon also met US President Biden and Japan PM Ishiba on the sidelines of the Apec summit in Lima, Peru.

16 Nov 2024 - 2:06PM

Chinese President Xi Jinping (right) shakes hands with South Korean President Yoon Suk-yeol in Bali, Indonesia, in November 2022. Photo: Xinhua

Xi touts China as globalisation leader, draws contrast with US under Trump

Shared growth stressed on Apec sidelines in Peru as Chinese leader tells CEOs that Beijing’s economic and financial woes can be fixed.

16 Nov 2024 - 7:35AMvideocam

Chinese President Xi Jinping arrives at the Government Palace in Lima, Peru, on November 14, 2024. Photo: Zuma Press Wire/dpa

Diplomacy

Editorial | Common approach best for ties between China and Indonesia

Presidents Xi Jinping and Prabowo Subianto have complementary development visions for their countries and dialogue is the way forward.

16 Nov 2024 - 12:56AM

Will Peru’s Chinese-built megaport be a ‘win-win’?

15 Nov 2024 - 1:57PM

Xi hails Peru megaport as new era in China’s belt and road ambitions

The Chinese leader and his Peruvian counterpart officially opened Chancay Port ‘connecting the Inca trail and the maritime silk road’.

16 Nov 2024 - 2:08AMvideocam

China’s President Xi Jinping and his Peruvian counterpart Dina Boluarte at an inauguration event for the Chancay megaport at the government palace in Lima on Thursday. Photo: EPA

Editorial | Latin America speaks language of business Hong Kong wants to hear

As geopolitical tensions between the US and China take toll, city is wise to look further afield to strengthen financial, trade and commercial ties.

15 Nov 2024 - 6:15AM

US presidential election 2024

Xi arrives in Peru for Apec, ready to sign 30 bilateral deals for China

A focal point of his visit will be the virtual inauguration of the South American country’s US$3.5 billion port funded by Beijing.

15 Nov 2024 - 10:09AMvideocam

For lame duck Biden, an anticlimactic exit from the world stage

Outgoing US president, who will give way to Donald Trump in two months, has little to no clout at upcoming global summits.

15 Nov 2024 - 12:29AMvideocam

US President Joe Biden will leave office on January 20. Photo: AP

Can Hongkongers make it big in Peru? The country’s Chinese community weighs in

The South American country is set to sign a free-trade agreement with Hong Kong, but dozens of city residents have called it home for decades.

14 Nov 2024 - 11:30AM

Lima is currently home to more than 4,000 Chinese restaurants, according to a local business leader. Photo: Edith Lin

Will Xi’s final summit with Biden ease US-China jitters before Trump transition?

Despite frosty ties between the two countries, both leaders have personal messages to share before Biden leaves White House, analysts say.

14 Nov 2024 - 2:33AMvideocam

Asia-Pacific Economic Cooperation

Hong Kong can woo South American companies with sourcing, tech support: experts

City leader departs for Peru to join Apec summit, says there is ‘significant room’ for Hong Kong and South America to develop trade ties.

13 Nov 2024 - 8:30AM

As Apec opens, the largest figure in attendance is not even there: Donald Trump

The US president-elect and his preference to shed, not support, multilateral institutions cast a looming shadow over Lima this week.

12 Nov 2024 - 6:00AMvideocam

The entrance of the Lima Convention Center, part of the government complex where the Asia-Pacific Economic Cooperation (Apec) summit is taking place this week. Peru: AFP

China’s Chancay, Peru port project

The Chinese-funded megaport in Chancay, Peru, may reshape Pacific trade, but has also made the United States uneasy. This two-part series looks at the development of the project, its impact on global trade, its social cost and the implications for the whole of the South American continent.

12 Nov 2024 - 3:19AM

Planned link to Brazil raises geopolitical stakes for China-funded port in Peru

Brazil’s economic ties to China are much greater than Peru’s, and the ramifications of a connection to the port are deemed ‘a big deal’.

12 Nov 2024 - 3:08AMvideocam