China inaugurated the $3.5 billion Chancay megaport in Peru during President Xi Jinping’s visit, marking a significant pivot in trade routes that could bypass the US. This port, developed by China’s Cosco Shipping, aims to connect goods from various South American countries directly to Asian markets, spearheading China’s influence in a region traditionally dominated by the US. Observers warn that as China expands its presence, the US risks losing its foothold in Latin America, prompting concerns about potential dual-use facilities that could serve military purposes. The ongoing dynamics suggest a growing reluctance among Latin American countries to choose between the two powers.