Source: Global Times
An article on the Brazilian version of Gizmodo News Network on April 19th, titled "China Reboots Large Railway Project in South America, Which Could Radically Transform International Trade", reports that China plans to relaunch an ambitious railway project in South America. This project aims to connect three countries and provide a transportation route to Asia without relying on the Panama Canal. Not only will this railway project change the trade routes in South America, but it will also consolidate China's influence in the region's infrastructure construction sector.
The "Two-Ocean Railway" is a project intended to connect the coastal port of Rio de Janeiro State in Brazil with the Chancay Port in Peru, linking the Atlantic and Pacific coasts, and creating a new logistics route to Asia. Once completed, this railway will enable Brazilian export products to reach the Asian market faster without going through the Panama Canal.
A Chinese delegation recently visited Brazil to assess the feasibility of Brazil's logistics infrastructure, giving new momentum to the "Two-Ocean Railway" project. The Chinese delegation met with representatives from the states of Mato Grosso, Goias, Rondonia, and Acre in Brazil to discuss the country's railways, highways, and waterways conditions.
One end of the "Two-Ocean Railway" - the Chancay Port, which opened in November 2024, is a significant investment by China in Peru. This port provides a new choice for Pacific maritime transport, enabling direct navigation between Latin America and China and other Asian countries, shortening the time and reducing export costs. The opening of the Chancay Port diversifies trade routes and strengthens China's position in strategic markets.
The "Two-Ocean Railway" is currently in the technical research and financial assessment phase. If realized, it will change the logistics landscape in South America, reduce reliance on traditional infrastructure such as the Panama Canal, and accelerate intra-regional and extra-regional trade. As Brazilian exports increase, this logistics corridor is expected to enhance South America's competitiveness in the global market.
Meanwhile, China continues to expand its strategic layout in Latin America by directly investing and strengthening cooperation to develop critical infrastructure vital to the prosperity of the region. (By Alexandra Dos Santos, translated by Xiao Tong)
Original Article: https://www.toutiao.com/article/7495525937556046388/
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