Ports
Peru's Court Affirms Regulatory Control Over Chancay Chinese Port
A Peruvian court overturned a January decision and ordered the government to oversee the Chinese-owned port of Chancay near Lima, reinforcing Peru's infrastructure regulator Ositran's authority. The $1.3-billion port, operated by COSCO Shipping Ports and inaugurated by Chinese President Xi Jinping in 2024, must now comply with Peruvian regulatory oversight. The ruling aligns with US efforts to counter Beijing's regional influence.
