Buried News: How Trump Forced the Sale of China’
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Posted On: 10/30/2019 4:12:56 PM
Buried News: How Trump Forced the Sale of China’s Port in California and May Have Thwarted a Chinese Invasion
October 29, 2019
Remember when The Obama Administration accepted a 40-year lease, from THE CHINESE, for a shipping port in Long Beach, California?
It was quite controversial at the time.
But since the search engines and social networks don’t often report pro-Trump stories, many may not know that President Trump forced the Chinese (state owned Cosco) to sell that port back several months ago.
From Citizens’ Journal:
China is stealing our technology—and only President Trump has been fighting to stop it. China has kept our businesses out of China—or only in minority ownership position if allowed in China. Now, President Trump has ordered the sale of the Chinese government OWNERSHIP of the Port of Long Beach—bet you did not know the Totalitarian Chinese owned our Port? He did it for national security—something Obama did not care about when he allowed the Chinese to buy the Port.
“The Trump Administration’s Department of Homeland Security has forced China’s state-owned Cosco* to sell the Port of Long Beach over security concerns.
China’s Cosco Shipping Holdings, which bought out its 75 percent–owned Hong Kong–based Orient Overseas International (OOCL), was forced to sell its Port of Long Beach Container Terminal ownership to Macquarie Infrastructure Partners for $1.78 billion.
The Obama administration had no problems with OOCL signing a 40-year lease with the City of Long Beach in 2012 for control of America’s second largest and most automated container handling operation.
The sweetheart deal was part of the “Middle Harbor Redevelopment Program” to fund a $1.5-billion expansion through 2020.
Obama gave $150 BILLION to Iran—to be used against American military, blowing up oil fields and supporting the terrorist effort worldwide.
Obama SOLD an American Port to the Totalitarian Chinese.
The good news is that Donald Trump is the President for Americans and the Free World.
Obama tried to give away our freedoms or sell our safety.
That is something the Democrats will have to defend in 2020—especially Joe Biden.
Read the Rest…
The American Thinker had this in May:
The Trump Administration’s Department of Homeland Security has forced China’s state-owned Cosco* to sell the Port of Long Beach over security concerns.
China’s Cosco Shipping Holdings, which bought out its 75 percent–owned Hong Kong–based Orient Overseas International (OOCL), was forced to sell its Port of Long Beach Container Terminal ownership to Macquarie Infrastructure Partners for $1.78 billion.
But one of the first major actions of the Trump administration’s Department of Homeland Security in March 2017 was issuing a “Committee on Foreign Investment in the U.S.” national security hold on Cosco’s acquisition of a former U.S. Navy port facility.
China operates six of the world’s ten busiest container ports.
The Chinese government has also funded the construction and operations of 43 ports in 35 countries under its “One Belt and One Road” (OBOR) initiative launched five years ago, according to China’s Ministry of Transport.
https://www.dcclothesline.com/2019/10/29/buri...-invasion/
October 29, 2019
Remember when The Obama Administration accepted a 40-year lease, from THE CHINESE, for a shipping port in Long Beach, California?
It was quite controversial at the time.
But since the search engines and social networks don’t often report pro-Trump stories, many may not know that President Trump forced the Chinese (state owned Cosco) to sell that port back several months ago.
From Citizens’ Journal:
China is stealing our technology—and only President Trump has been fighting to stop it. China has kept our businesses out of China—or only in minority ownership position if allowed in China. Now, President Trump has ordered the sale of the Chinese government OWNERSHIP of the Port of Long Beach—bet you did not know the Totalitarian Chinese owned our Port? He did it for national security—something Obama did not care about when he allowed the Chinese to buy the Port.
“The Trump Administration’s Department of Homeland Security has forced China’s state-owned Cosco* to sell the Port of Long Beach over security concerns.
China’s Cosco Shipping Holdings, which bought out its 75 percent–owned Hong Kong–based Orient Overseas International (OOCL), was forced to sell its Port of Long Beach Container Terminal ownership to Macquarie Infrastructure Partners for $1.78 billion.
The Obama administration had no problems with OOCL signing a 40-year lease with the City of Long Beach in 2012 for control of America’s second largest and most automated container handling operation.
The sweetheart deal was part of the “Middle Harbor Redevelopment Program” to fund a $1.5-billion expansion through 2020.
Obama gave $150 BILLION to Iran—to be used against American military, blowing up oil fields and supporting the terrorist effort worldwide.
Obama SOLD an American Port to the Totalitarian Chinese.
The good news is that Donald Trump is the President for Americans and the Free World.
Obama tried to give away our freedoms or sell our safety.
That is something the Democrats will have to defend in 2020—especially Joe Biden.
Read the Rest…
The American Thinker had this in May:
The Trump Administration’s Department of Homeland Security has forced China’s state-owned Cosco* to sell the Port of Long Beach over security concerns.
China’s Cosco Shipping Holdings, which bought out its 75 percent–owned Hong Kong–based Orient Overseas International (OOCL), was forced to sell its Port of Long Beach Container Terminal ownership to Macquarie Infrastructure Partners for $1.78 billion.
But one of the first major actions of the Trump administration’s Department of Homeland Security in March 2017 was issuing a “Committee on Foreign Investment in the U.S.” national security hold on Cosco’s acquisition of a former U.S. Navy port facility.
China operates six of the world’s ten busiest container ports.
The Chinese government has also funded the construction and operations of 43 ports in 35 countries under its “One Belt and One Road” (OBOR) initiative launched five years ago, according to China’s Ministry of Transport.
https://www.dcclothesline.com/2019/10/29/buri...-invasion/
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