Peru Seeks to Diversify Economic Ties with China Beyond Raw Minerals

Why Peru wants to shift its relationship with China beyond raw mineral supplies

Peru wants to move to the next phase of its economic relationship with China to reduce the risks from trade ties dominated by the export of raw minerals, according to the country’s ambassador Carlos Vasquez. He told Tsinghua University’s World Peace Forum in Beijing on Friday that Peru was now seeking investment in the country’s infrastructure as it sought to diversify its economy. He said a handful of products – including copper, iron and fishmeal – accounted for more than 90 per cent of Per...

By Cao Jiaxuan