Snowballing anti-China sentiment on Capitol Hill could deal a death blow to an industrial development project that supporters say would create hundreds of jobs for U.S. workers at the Port of Long Beach.
In coming days, the Senate will debate a legislative proposal that would bar Cosco, a shipping company owned by the Chinese government, from leasing a significant portion of what was once the Long Beach Naval Station. The prohibition already has been adopted by the House.
The Cosco deal could be only one of several commercial casualties of the growing outcry over China. A defense spending bill that cleared the House last month already has put future exports of satellites and civilian nuclear equipment at risk. U.S.-China trade advocates say that the prospect of a new batch of congressional restrictions could snarl longer-term efforts to broaden commerce between the two nations.