Economics
China Boss in Peru on $50 Billion Peak Bought for $810 Million
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The Chinese entrepreneur and the Peruvian shopkeeper have never met. Yet Li Shiping’s dream of riches and success in China is uprooting Victor Raul Ancieta’s village 18,000 kilometers (11,000 miles) away in the Andes.
Their lives are joined by a thread of copper stretching from Dao County in southern Hunan province to a $50 billion deposit of ore underneath the 103-year-old mining town in Peru.