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US-China Tensions Rise Over Peruvian Port
A Peruvian court limited Ositran's oversight of the $1.3 billion Chinese-backed Chancay port, raising U.S. concerns about sovereignty and regional influence.
- Following the Jan. 29 lower-court ruling, the U.S. State Department's Bureau of Western Hemisphere Affairs warned that China’s control of the $1.3 billion Chancay port could limit Peru's oversight.
- Part of Beijing's Belt and Road initiative, the Chancay project is majority-owned by China's state-owned shipping and logistics company Cosco and financed by Chinese state-owned banks; China has been Peru's biggest trading partner for over a decade.
- Covering 180 hectares and able to berth the largest cargo ships, Chancay port is subject to government monitoring as Ositran said it would appeal and Verónica Zambrano warned Wednesday.
- In response to questions from The Associated Press, Peru's Foreign Ministry said the court ruling `in no way involves aspects of sovereignty` and emphasized police, environmental regulators, and customs monitor the port.
- China's Embassy in Peru did not respond to requests for comment, and the U.S. State Department's Bureau of Western Hemisphere Affairs warned, `Let this be a cautionary tale for the region and the world: cheap Chinese money costs sovereignty.
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US warns China costing Peru its sovereignty
The Trump administration on Wednesday expressed concern that Peru risks ceding its sovereignty to the Chinese government after a Peruvian court restricted a local regulator’s oversight of a Chinese-built megaport. “Concerned about latest reports that Peru could be powerless to oversee Chancay, one of its largest ports, which is under the jurisdiction of predatory Chinese…
·Washington, United States
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Coverage Details
Total News Sources70
Leaning Left10Leaning Right5Center25Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 25%
C 63%
12%
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