Peru seeks high-level meeting with China, Brazil to advance bi-oceanic railroad

The proposed railway would connect Brazil to a new port on Peru's Pacific coast, creating a trade route with China that would allow it avoid routes going through the Panama Canal and around the southern tip of South America.

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Anybody know why this would be better than the Nicaragua canal for China? For Brazil it is clearly good, because it increases the access for its deepest, landlocked parts.
- Because a railroad is much cheaper and easier to build than a canal through mountains and jungles.
  
  Rail is pretty hard to build and operate through the Andes and can't reach the scale of sea freight, which could be achieved through a Nicaragua canal, but fine, it is not meant to compete with the Panama canal, so no need to build another canal.
Meh, I thought is a railway crossing two oceans.

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