Under a long-term deal sealed by the Obama administration, a Chinese Communist company was set to control the second-busiest container port in the United States. In an unreported Trump administration victory, the Communists are out after a drawn-out national security review forced a unit of China-based COSCO Shipping Holdings Co. (Orient Overseas Container Line—OOCL) to sell the cherished container terminal business, which handles among the largest freight of imports into the U.S.
It all started with a 40-year container terminal lease between the Port of Long Beach in southern California and Hong Kong. The Obama administration proudly signed the agreement in 2012 giving China control of America’s second-largest container port behind the nearby Port of Los Angeles. One of the Trump administration’s first big moves was to get the Communists out of the Port of Long Beach. After a national security review and federal intervention, the Long Beach terminal business, which handles millions of containers annually, is finally being sold to an Australian company called Macquarie Infrastructure Partners. That essentially kills China’s decades-long contract with the Obama administration.
USPS wouldn’t deliver ballots in states that refuse to fork over mail-in voter info under proposed rule
Supreme Court hands Trump two major immigration victories
FBI joins probe into ‘Free Karmelo’ mob that allegedly beat woman while chanting support for killer: police
Watch: Alan Dershowitz Reveals the Sickest Public Part of Bill Gates’ Friendship With Epstein – Says ‘There’s a Smell’ to Gates’ Testimony Prep
Nancy Guthrie ransom notes don’t match suspect’s behavior, profiler says: ‘I don’t believe they’re real’
Obama Presidential Library Betrays Black Visitors, Issues Wildly Racist Demand on Website – at Least We’ve Been Told It’s Racist
Hundreds dead as Europe breaks temperature records during heat wave
Senate Republican pushes overhaul to cut red tape and speed up American energy projects
Mamdani and Hochul announce cash infusion for New York City Abortion Access Hub expansion
Michigan childcare provider collected $1.1M in taxpayer funds despite no visible signs of operating
Clinton judge gives anti-ICE agitator no prison time for assaulting federal officers in Minneapolis
Freedom 250’s Great American State Fair kicks off 16-day festival on National Mall: ‘America come to life’
Trump Media battles Brazilian government in novel censorship case
DOJ threatens to sue California over ‘Glock ban,’ arguing law violates Second Amendment
Former New Jersey middle school teacher indicted on new charges including manufacturing child abuse material
The deal never should have been signed in the first place considering the facility’s size, significance and the national security issues associated with a hostile foreign government controlling it. The southern California port is the premier U.S. gateway for trans-Pacific trade, according to its website, and handles trade valued at more than $194 billion annually. It is one of the few ports that can accommodate the world’s largest vessels and serves 140 shipping lines with connections to 217 seaports around the world. The facility encompasses 3,200 acres with 31 miles of waterfront, 10 piers, 62 berths and 68 post-Panamax gantry cranes. In 2018, the Long Beach port handled more than 8 million container units, achieving the busiest year in its history.
Removing Chinese Communists from this essential port is a tremendous feat and a huge victory for U.S. national security. You’d never know it because the media, consumed with the impeachment debacle, has ignored this important achievement. The only coverage of the finalized transfer is found in Long Beach’s local newspaper, which published a brief article omitting important background information on the Trump administration’s work to take back the terminal from the Communists. The story makes it seem like a regular business transaction in which “a Chinese state-owned company, reached a deal to sell the terminal, one of the busiest in the port, for $1.78 billion.” The piece also quotes the Port of Long Beach’s deputy executive director saying that the transaction process was intricate and involved one of “our most valuable port assets.” Buried at the bottom of the article is a sentence mentioning that the U.S. government, which regulates mergers for antitrust and security reasons, stepped in and required COSCO to sell its rights to the container terminal.
USPS wouldn’t deliver ballots in states that refuse to fork over mail-in voter info under proposed rule
Supreme Court hands Trump two major immigration victories
FBI joins probe into ‘Free Karmelo’ mob that allegedly beat woman while chanting support for killer: police
Watch: Alan Dershowitz Reveals the Sickest Public Part of Bill Gates’ Friendship With Epstein – Says ‘There’s a Smell’ to Gates’ Testimony Prep
Nancy Guthrie ransom notes don’t match suspect’s behavior, profiler says: ‘I don’t believe they’re real’
Obama Presidential Library Betrays Black Visitors, Issues Wildly Racist Demand on Website – at Least We’ve Been Told It’s Racist
Hundreds dead as Europe breaks temperature records during heat wave
Senate Republican pushes overhaul to cut red tape and speed up American energy projects
Mamdani and Hochul announce cash infusion for New York City Abortion Access Hub expansion
Michigan childcare provider collected $1.1M in taxpayer funds despite no visible signs of operating
Clinton judge gives anti-ICE agitator no prison time for assaulting federal officers in Minneapolis
Freedom 250’s Great American State Fair kicks off 16-day festival on National Mall: ‘America come to life’
Trump Media battles Brazilian government in novel censorship case
DOJ threatens to sue California over ‘Glock ban,’ arguing law violates Second Amendment
Former New Jersey middle school teacher indicted on new charges including manufacturing child abuse material
In the last few years China has bought cargo ports throughout the world, including in Latin America, the Indian Ocean and Mediterranean Sea. Chinese-owned ports are located in Greece, Italy, Spain and other European locations. In sub-Saharan Africa there are dozens of existing or planned port projects funded or operated by China, according to a study that highlights the threat the Chinese investments present to U.S. influence in the region. One troubling analysis points out that “COSCO’s commercial expansion has created leverage for Beijing — leverage that has already resulted in countries that host COSCO ports adopting China’s position on key international issues.”
Story cited here.
