Moving ever closer to US markets.
FYI, Chinese Government backed news source above, but the basic facts are easily confirmed. A new, Chinese funded port facility in Peru is both an outlet for increasing soy and other ag exports to China, and an ingress for Chinese manufactured good, most importantly in my mind, for EVs, as China gobbles up the most rapidly growing world markets with electric vehicles that have a very competitive price and cost of ownership.
[Just a disclosure-y heads up: CGTN is a Chinese channel.]