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President Boluarte Meets With President Xi Jinping In Beijing

PERU
  • President Boluarte held talks with President Xi Jinping in Beijing on Friday as part of her tour of China, which is due to end tomorrow. The two agreed to bolster cooperation in the areas of mineral resources, energy, manufacturing and agriculture and to work together to ensure that the $1.3bn Chancay port near Lima is built on schedule. President Xi also said that more Peru products will be welcomed to enter China’s market after the two sides announced substantial completion of negotiations on the upgrading of the free trade agreement.
  • On the data front, the calendar remains light today, with attention on June CPI figures which are due on Monday. After returning to the 2% target last month, analysts expect headline inflation to edge up to 2.3% y/y in June.

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