After snubbing Taiwan’s initial APEC envoy, this year’s summit host, Peru, is pushing for China to host the 2026 gathering following Beijing’s inauguration this week of a massive deep-water port in the South American country, the Nikkei Asia reported, citing sources who also said China had asked Lima to obstruct Taipei’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Two sources in Taipei said that Peru boycotted Taiwan’s first envoy pick — former vice president Chen Chien-jen (陳建仁) — by not sending an invitation to the summit, forcing President William Lai’s (賴清德) administration to scramble to find an alternative, the Nikkei Asia reported on Thursday.
Even though Taiwan is a full APEC member, Taiwanese presidents are unable to attend the leaders’ summits due to pressure from China.
Photo: Bloomberg
China’s growing clout in the region, including with Peruvian President Dina Boluarte, represents a challenge for US president-elect Donald Trump, the magazine reported.
On Thursday, the China-backed Chancay Mega-port, the largest deep-water port in South America, opened with the state-backed China Cosco Shipping Corp (中國遠洋海運) holding a lease to control it for 30 years, sources told the Nikkei Asia.
Chinese President Xi Jinping (習近平) and Boluarte participated in the opening of the port over video link, and signed a deal to widen a free-trade agreement.
Photo: AFP
Then-US Southern Command commander US Army General Laura Richardson earlier this month warned that Chancay could be used by the Chinese People’s Liberation Army Navy, the Nikkei Asia reported.
Bethany Allen, head of China investigations at the Australian Strategic Policy Institute, said that China’s heavy investments in deep-water ports tend to bring baggage, including a significant debt burden, environmental damage, concerns about geopolitical influence and the potential expansion of Chinese military power.
“Deep-sea ports built by China are generally believed to be dual-use, meaning they could also be used by Chinese military vessels” Allen told the Nikkei Asia.
US Assistant Secretary of State for Western Hemisphere Affairs Brian Nichols said in Lima that Latin American nations must be vigilant on Chinese investment, German public broadcaster Deutsche Welle (DW) reported on Friday.
“Chancay illustrates how China seeks secure access to resources and markets and its ever more successful fight to corner global value added,” DW cited Robert Evan Ellis, Latin America research professor at the US Army War College, as saying.
Guatemala-based CentroAmerica360 cited Ellis as saying that Cosco’s exclusive control over Chancay and the Boluarte government’s haste to change Peruvian laws to satisfy China, granting Cosco rights that other local operators do not have, powerfully illustrates how Beijing does business and secures its commercial and strategic interests.
Granting the exclusive rights to China has also raised fears that Peru could be turned into a launch pad for China’s military in a conflict with the US, while numerous sightings have been reported of Chinese military personnel at the port and administrative offices engaged in activities that go beyond commercial port operations, CentroAmerica360 said.
The northern sections of the port are designated for large communication stations and heavily fortified warehouses, as well as dormitories and training facilities, it said.
Domestic concerns are growing that the port could become a base similar to China’s military outpost in Djibouti, it added.
The Nikkei Asia cited analyst Marcin Jerzewski, a former visiting scholar at the National Library of Chile, as saying that Boluarte “wants to use the APEC summit as an opportunity to highlight the bilateral friendship [with China], such as inaugurating the Chancay port. Chancay is the crown jewel of China’s maritime expansion in the Western Hemisphere.”
The sources in Taipei said Peru’s push for China to host the 2026 APEC summit came without open discussion or full agreement by member states.
One of the sources said that a China-hosted APEC would mean “more suppression and interference,” the Nikkei Asia reported.
Also at issue is Taiwan’s bid to join the CPTPP, of which Peru is an original member, it said.
While Taipei and Beijing both applied to join in 2021, China has asked Peru to withhold approval for Taiwan, the sources said.
“China can prevent Taiwan from joining the CPTPP through Peru, which is very cost-effective,” it cited one of them as saying.
Several countries oppose efforts to grant China APEC hosting rights for 2026 without a consensus, fearing that Beijing could use the opportunity to apply more pressure on Taiwan, CentroAmerica360 reported.
RESTRAINTS: Should China’s actions pose any threat to Taiwan’s security, economic or social systems, China would be excluded from major financial institutions, the bill says The US House of Representatives on Monday passed the PROTECT Taiwan Act, which states that Washington would exclude China from participating in major global financial organizations if its actions directly threaten Taiwan’s security. The bill, proposed by Republican Representative Frank Lucas, passed with 395 votes in favor and two against. It stipulates that if China’s actions pose any threat to Taiwan’s security, economic or social systems, the US would, “to the maximum extent practicable,” exclude Beijing from international financial institutions, including the G20, the Bank for International Settlements and the Financial Stability Board. The bill makes it clear that China must be prepared
PEACE AT LAST? UN experts had warned of threats and attacks ahead of the voting, but after a turbulent period, Bangladesh has seemingly reacted to the result with calm The Bangladesh Nationalist Party (BNP) yesterday celebrated a landslide victory in the first elections held since a deadly 2024 uprising, with party leader Tarique Rahman to become prime minister. Bangladesh Election Commission figures showed that the BNP alliance had won 212 seats, compared with 77 for the Islamist-led Jamaat-e-Islami alliance. The US embassy congratulated Rahman and the BNP for a “historic victory,” while India praised Rahman’s “decisive win” in a significant step after recent rocky relations with Bangladesh. China and Pakistan, which grew closer to Bangladesh since the uprising and the souring of ties with India, where ousted Bangladeshi prime minister Sheikh Hasina
FAST-TRACK: The deal is to be sent to the legislature, but time is of the essence, as Trump had raised tariffs on Seoul when it failed to quickly ratify a similar pact Taiwan and the US on Thursday signed a trade agreement that caps US tariffs on Taiwanese goods at 15 percent and provides preferential market access for US industrial and agricultural exports, including cars, and beef and pork products. The Taiwan-US Agreement on Reciprocal Trade confirms a 15 percent US tariff for Taiwanese goods, and grants Taiwanese semiconductors and related products the most-favorable-treatment under Section 232 of the Trade Expansion Act, the Executive Yuan said. In addition, 2,072 items — representing nearly 20 percent of Taiwan’s total exports to the US — would be exempt from additional tariffs and be subject only to
The Taiwan Space Agency (TASA) yesterday released the first images from its Formosat-8A satellite, featuring high-resolution views of Hsinchu Science Park (新竹科學園區), Tainan’s Anping District (安平), Kaohsiung’s Singda Harbor (興達港), Japan’s National Stadium in Tokyo and Barcelona airport. Formosat-8A, named the “Chi Po-lin Satellite” after the late Taiwanese documentary filmmaker Chi Po-lin (齊柏林), was launched on Nov. 29 last year. It is designed to capture images at a 1m resolution, which can be sharpened to 0.7m after processing, surpassing the capabilities of its predecessor, Formosat-5, the agency said. It is the first of TASA’s eight-satellite Formosat-8 constellation to be sent into orbit and