President Yoon Suk Yeol and U.S. President Joe Biden held a farewell summit in Peru on Friday as they looked back on their partnership and reaffirmed efforts for enhancing the bilateral alliance, Yoon's office said.

President Joe Biden will meet Chinese President Xi Jinping, visit the Amazon rainforest and attend two major international summits

China has made a $1.3 billion bet that a new port in Peru will boost access to South America’s agricultural bounty. Cashing in on the investment may be harder than expected.

Chinese President Xi Jinping will arrive in Lima on Thursday, kicking off a week-long diplomatic blitz in Latin America by inaugurating the massive Chancay deep-water port, one of Beijing's most ambitious infrastructure investments in Latin America.

Chinese President Xi Jinping opens the Chancay deep-water port in Peru:: The port is a $1.3 bln Beijing investment to boost its trade and influence in South America:: November 14, 2024:: Lima, Peru:: Xi Jinping,