A dispute between the Peruvian government and a Chinese company building a port in Peru has taken the first step towards an investment arbitration proceeding, although there is still time for the parties to work out their differences.

At a Congressional hearing last week, Rep. Carlos Giménez (R-FL) continued his efforts to raise concerns about Chinese cranes operating at U.S. ports, pressing Biden administration officials on the seriousness of the threats.

In an Executive Order issued yesterday, the Biden administration announced a series of actions to address concerns related to the security of U.S. ports, with an emphasis on the threat posed by Chinese crane operators.

On Friday, the Australian Department of the Prime Minister and Cabinet announced that, based on its review of the circumstances of the lease of the Port of Darwin, it would not vary or cancel a 99 year lease of the Port to Chinese company Landbridge Group.

Chinese cargo cranes in U.S. ports are the latest area of concern for American politicians worried about Chinese spying.

The Chinese antitrust agency is now conducting an anti-monopoly review on an Egyptian joint venture in which Chinese shipping company COSCO has a share.

Last week, the U.S. House of Representatives passed the annual defense spending bill, which includes a number of provisions that address various China trade and economic issues. The Senate is expected to vote on the bill this week.