Chinese firms could gain footholds at both Subic and Clark in the Philippines

Chinese businesses are still in the running to take over a Subic Bay shipyard and could soon also control nearly 2 square miles of what was once America’s largest air base in the Philippines, according to local media reports.

Philippines Trade Secretary Ramon Lopez said the government would not, and could not, block Chinese offers to buy Subic Bay shipbuilder Hanjin Philippines, which has defaulted on $1.3 billion in loans, according to an April 25 Reuters news agency report.

From Stars and Stripes.

UPDATE: Compare and Contrast, people.

Trump administration forces China to sell the Port of Long Beach