A new China-backed megaport in Peru may create whole new trade routes that will bypass North America entirely.

South of the border, China is ascendant.Chinese leader Xi Jinping arrives this week in a region where China has replaced the U.S. as the dominant trading partner for most big economies, with the exceptions of Mexico and Colombia.

In a speech delivered at the Peruvian Congress on Nov 21, 2016, Xi expressed his admiration for the Inca civilization, praising the magnificence of Machu Picchu, the mesmerizing Nazca Lines, and the advanced local pottery, metallurgy and textile techniques. "These achievements continue to radiate the brilliance of wisdom," he said.