Peru Court Hands Washington a Win in Fight Over Chinese-Owned Chancay Port

A Peruvian court has ruled that the Chinese-owned COSCO Shipping Ports-operated Chancay port near Lima is subject to oversight by Peru's infrastructure regulator Ositran, overturning a previous exemption. This regulatory development may affect port operations and investor confidence at Chancay, a key hub designed to reduce shipping times between Latin America and Asia, though the ruling can still be appealed.