China Ocean Shipping Co. (COSCO), partly owned by the People's Liberation Army (PLA) of China, plans to operate out of Boston beginning next January, while the huge Hutchison Whampoa company expands its presence in Latin America, now one of Beijing's prime targets.
COSCO, the same company caught red handed trying to smuggle thousands of assault weapons for distribution to U.S. street gangs, already has a strong presence in California and according to the Washington Times is now looking to the U.S. East Coast for new operations, thus straddling the nation.
Hutchison Whampoa, already in control of both ends of the Panama Canal, now operates out of the strategically important ports of Veracruz, Manzanillo and Ensenada. In addition, company Chairman Li Ka-shing is a director of Hong Kong Shanghai Bank, which owns a hefty 20 percent of Mexico's Serfin Financial Group, according to Mexico's Reforma newspaper. The newspaper reports that China has doubled its commercial operations in Latin America and bolstored its influence throughout the Panama Canal zone.
....Chinagate watchers are also familiar with COSCO’s attempted take-over of the Long Beach Naval Base in California, and their presence at the Sino-Swearingen plant outside of Washington, D.C. They may also be familiar with COSCO’s shipping arrangement with the Canadian Pacific Railway, right into America’s heartland. “CPR is the only rail carrier that can move freight from the Port of Vancouver to Chicago over its own track.” 1
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