Briefing | Chinese takeovers
What it feels like to be bought by a Chinese firm

| |14 min read

This article appeared in the Briefing section of the print edition under the headline “Being eaten by the dragon”

From the November 13th 2010 edition
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Truly dire
The nightmare scenario for global trade
There are worse blockages than the Strait of Hormuz, our analysis finds

Hormuz is not the only weak spot for global trade
Many shipping routes are vulnerable, from the Strait of Malacca to the Panama Canal

What a battle to reopen the Strait of Hormuz would look like
A lot of ships, aircraft and soldiers would have to spend a long time in harm’s way for uncertain results
There is plenty of scope for the Iran war to intensify
But no obvious way to bring it to an end
The Iran war could sap American military power for years
It is devouring munitions and exhausting an already stretched navy
The assassination of senior leaders weakens Iran—but at a cost
The regime is becoming ever less predictable