Peru PM says boost in China’s investments will not prompt US ‘resentment’

Peru’s government does not expect an upcoming trip by President Dina Boluarte to China or the increase in investments by Chinese firms in the Andean
nation to cause “resentment” from the U.S., Peru’s prime minister said on Monday.
Boluarte will visit Beijing at the end of this month, with meetings scheduled with counterpart Xi Jinping and representatives of Chinese giants such as Huawei and BYD at a time when Chinese investments have multiplied in recent years, to the concern of Western nations.
“We do not believe that our friends… like the United States will feel resentful because we’re bringing Chinese investments (to Peru),” Prime Minister Gustavo Adrianzen said at a press conference.
“We believe this is an invitation for Western capital to arrive, including from the United States,” he added.
Boluarte is set to meet with Xi on June 28, but will first sit down with executives from Cosco Shipping Ports, which is heading construction the vast Chancay “megaport” set to be a hub between Asia and South America.