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World News by Wild Rose

#mineral exports ร—

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 countryโ€™s ambassador Carlos Vasquez. He told Tsinghua Universityโ€™s World Peace Forum in Beijing on Friday that Peru was now seeking investment in the countryโ€™s infrastructure as it sought to diversify its economy. He said a handful of products โ€“ including copper, iron and fishmeal โ€“ accounted for more than 90 per cent of Peruโ€™s...