Part 4/7:
The specific port development project in Peru was highlighted as a strategic move. Currently, there isn't a well-regarded transshipment port on the west coast of South America, making this project beneficial. Peter Z mentions that despite potential lack of activity, having a port infrastructure is critical, especially if it allows for more efficient global trade routes.
Sales Agreements in Argentina
Turning to Argentina, it was identified that the relationship consists mostly of trade. Chinese firms may be high bidders now, but those contracts could easily shift if prices change in the future. Thus, Argentina may simply be experiencing the ebb and flow of international markets without deeper implications.