Peru · Full chronicle and history

At the 2024 Asia-Pacific Economic Cooperation summit held in Lima, Peru, Xi Jinping proposed four so-called red lines to US President Joe Biden, covering Taiwan, democracy and human rights, the political system, and development rights, aiming to demarcate areas where the new US government must not interfere.

Peruvian economist Hernando de Soto published The Mystery of Capital in 2000, pointing out that the poor in developing countries hold large amounts of dead capital that lacks legal property rights.