Peru's new president aims for economic balance amid tensions between Washington and Beijing
Koiko Fujimori's victory in the presidential elections in Peru places her before significant economic and political challenges, especially given her country's deep ties with China, which has become its largest trading and investment partner, with investments exceeding $30 billion. These investments are concentrated in the sectors of mining, energy, and infrastructure. The President of Peru is seeking to achieve a strategic balance in its relations between China and the United States, aiming to protect its commercial interests without fully siding with either side, amid Washington's efforts to restore regional influence.
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