Peru Court Hands Washington a Win in Fight Over Chinese-Owned Chancay Port
By Carla Samon Ros (Bloomberg) —
A Peruvian court ordered the government to oversee a Chinese-owned port near Lima, helping US efforts to curb Beijing’s growing power in the region.
The ruling overturns a January decision that said the Pacific port of Chancay was exempt from some oversight by Peru’s infrastructure regulator Ositran.
Chancay is a privately-owned port, operated by Chinese-owned COSCO Shipping Ports, which was designed to cut shipping times between Latin America and Asia. But as the US renewed its focus on the region, it became a focus of the growing rivalry between Washington and Beijing.
That
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