I heard that if the UAE hadn't won bid on the British company, it would now be owned by the Chinese who would be running the ports.
Can we be more precise, please? This issue isn't over who "runs" the ports. Local Port Authorities do. It's about who has the contract to manage container movement at our largest ports.
But, yes, the only two other companies that might have bought P&O are based in Singapore and Hong Kong. I think it was the one from Hong Kong who put in a tentative bid.
I find it very hard to believe that it is only turd world countrys who have the financial resources to buy and manage our ports. Is nobody in America interested in owning and managing our assets anymore? Just the thought of allowing the sale of our national assets is disturbing. I know it is already happening in many areas. But we have to maintain control of the BIG assets. Our financial wealth is what funds our security. Taking big chunks out of those assets increases our vulnerability to outside threats and opens up opportunity for extortion.
How many years will it take for the Bank of Arabia to replace the Bank of America? Or the Bank of China? If we allow them to own our national assets we are at their mercy. We know how irrational those turd world governments can be.