Xi Jinping set to inaugurate China-backed megaport in Peru

The APEC summit is kicking off in Lima, Peru, ahead of the G20 Summit in Brazil next week. Among world leaders attending is Chinese President Xi Jinping.  His first order of business in Peru is to attend the inauguration of the Chancay port, a majority Chinese-owned megaport that's expected to become a major shipping hub for the Belt and Road initiative. 

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