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China Moves to Buy a Major American News Outlet

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Posted By: Dreadnought, 5/31/2022 7:08:53 PM

A Chinese-government-controlled company has put in an offer to buy Forbes, the major American news company that built its name on financial analysis. According to the Free Beacon, Magnum Opus, the CCP-controlled company in question, announced its intent to acquire the property last August. Now, that deal looks to be nearing completion, and it’s drawing outrage from Republicans who are pointing out what a major security risk the move represents. A Chinese-controlled firm’s bid to buy the Forbes media company poses a national security threat and would allow the Chinese Communist Party to push its propaganda by using one of the most recognizable American brand names,

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Reply 1 - Posted by: Rich323 5/31/2022 7:22:46 PM (No. 1171807)
At this point what difference does it make? They already own the White House, most of Congress and probably a Supreme Court justice or two.
125 people like this.

Reply 2 - Posted by: Rich323 5/31/2022 7:27:21 PM (No. 1171811)
Oh I forgot maybe some senior defense personnel as well.
98 people like this.

Reply 3 - Posted by: stablemoney 5/31/2022 7:35:27 PM (No. 1171816)
Steve Forbes must be excited.
39 people like this.

Reply 4 - Posted by: privateer 5/31/2022 7:35:51 PM (No. 1171817)
FTA: 'Senators warn the firm's bid to buy Forbes poses a national security threat and would allow the Chinese Communist Party to push its propaganda.' Doesn't the CCP already push it's propaganda in the NYT and on the alphabet networks?
91 people like this.

Reply 5 - Posted by: formerNYer 5/31/2022 7:50:07 PM (No. 1171841)
Why not they can't be any worse the msdnc.
37 people like this.

Reply 6 - Posted by: DVC 5/31/2022 8:27:19 PM (No. 1171856)
It will become ChiCom propaganda, 100%.
34 people like this.

Reply 7 - Posted by: lajasso 5/31/2022 8:50:16 PM (No. 1171871)
Greed rules. We are doomed.
41 people like this.

Reply 8 - Posted by: ChattyCatsSusan 5/31/2022 10:16:43 PM (No. 1171920)
During Trump's 4 years, he stopped a lot of Chinese incursions into Hollywood and the media. I think it would be surprising if the Chinese were stopped from buying Forbes.
32 people like this.

Reply 9 - Posted by: sanspeur 5/31/2022 10:52:01 PM (No. 1171954)
so how would this be different ? would we see a change ? didn’t think so
22 people like this.

Reply 10 - Posted by: Trigger2 6/1/2022 3:10:47 AM (No. 1172041)
Joey's corrupt administration will find no problem with this. After all, doesn't Joey always pay China back for all the money he's gaining?
29 people like this.

Reply 11 - Posted by: laurenc 6/1/2022 5:04:11 AM (No. 1172055)
C'mon man, they're good people!
24 people like this.

Reply 12 - Posted by: FJB 6/1/2022 5:12:10 AM (No. 1172056)
Rebel America. Return DJT to the office Marxicrats stole from American patriots in 2020.
28 people like this.

Reply 13 - Posted by: 5 handicap 6/1/2022 6:04:08 AM (No. 1172078)
China ALREADY owns most news outlets in this country!
28 people like this.

Reply 14 - Posted by: Rinktum 6/1/2022 6:13:38 AM (No. 1172082)
It’s mind boggling that this is even on the radar. Each day brings another horrific announcement. American corporations bear much responsibility for the loss of jobs in this country which only strengthened the CCP. Now we depend on our enemy for our basic necessities. Greed is good we were told and many embraced that concept. Companies left this country and destroyed manufacturing jobs here. The quality of life and promise of a better future just was thrown under that big old beautiful CCP bus and the CEO’s could not have cared less. They got their piece of the pie. When that happened China was on the move to conquer the west and they are doing a bang up job. We sold one of our most valuable assets, manufacturing to our enemy and now the world bows and scrapes at the feet of a communist dictator. We are weaker, China is stronger. Thank you wizards of smart in your corner offices with massive salaries and unbelievable pensions, the decisions you selfishly made have harmed the country and its workers immeasurably. Now this same ruling class wants to give the CCP a foothold in the door of information? This is a terrible indictment of the mindset of American corporations. Loyalty to the country is non-existent as long as there is a buck to be made. Disgusting money grubbing fools who know nothing but the love of money.
42 people like this.

Reply 15 - Posted by: andyboy 6/1/2022 6:13:38 AM (No. 1172083)
When are conservatives going to start buying left-wing media outlets? Or are we just going to sit here an whine that the left controls the media and expect Elon Musk to save us?
25 people like this.

Reply 16 - Posted by: singermom9 6/1/2022 6:26:06 AM (No. 1172089)
AND China is buying up farmland in the US. Why are we selling our country to them?
33 people like this.

Reply 17 - Posted by: CivilServant 6/1/2022 8:29:44 AM (No. 1172195)
Growing up, I rode with the Amwell Hounds, just west of Princeton, NJ. Malcolm was a participating member. Drank with him, rode in his balloon, talked politics and economics with him. He’d be appalled. Capitalist, yes but Patriot first. A pox on the House of all D’s.
18 people like this.

Reply 18 - Posted by: Clinger 6/1/2022 8:42:20 AM (No. 1172210)
Sure why not, just cutting out the middle man.
10 people like this.

Reply 19 - Posted by: Kafka2 6/1/2022 9:36:23 AM (No. 1172297)
I am surprised that they are not looking at the New York Times, MSNBC, CNN or some other MSM outlet. They seem willing to print propaganda. Forbes sounds like an unlikely choice.
8 people like this.

Reply 20 - Posted by: PrayerWarrior 6/1/2022 9:50:10 AM (No. 1172318)
Oh, Great. They own our farm lands too. They've infiltrated every national industry, media, politicians, colleges/universities, they might as well move Shanghai here. If this isn't a wake up call to prayer, turn to God, I don't know what is.
10 people like this.

Reply 21 - Posted by: Zigrid 6/1/2022 10:41:52 AM (No. 1172388)
Not a big deal...WE already know the Chinese own most of the Washington swamp..and WE've learned what propaganda can do...and the rinos are on board with china...so...WE stay with Newsmax and filter out the fake news...and most important WE watch President Trump's rallies for the truth...
11 people like this.

Reply 22 - Posted by: Ribicon 6/1/2022 12:09:01 PM (No. 1172494)
Why buy the cow when you're getting the milk for free?
5 people like this.

Reply 23 - Posted by: NorthernDog 6/1/2022 1:31:26 PM (No. 1172568)
Red China thought about buying MSNBC but the network is too far left for their tastes.
4 people like this.

Reply 24 - Posted by: BreakRight 6/1/2022 2:00:07 PM (No. 1172600)
"The capitalists will sell us the rope with which we will hang them" ...Vladimir Lenin
5 people like this.

Reply 25 - Posted by: Bogasso 6/1/2022 2:14:53 PM (No. 1172621)
Why buy the cow when you already get the milk free?
1 person likes this.

Reply 26 - Posted by: garyhope 6/1/2022 3:26:47 PM (No. 1172685)
#5, former NYer,..... Love "former ms DNC Microsoft Democraptic National Crap
1 person likes this.

Reply 27 - Posted by: SweetSweetback 6/1/2022 3:44:15 PM (No. 1172705)
China also owns the sock puppet in the Oval Office and the Pornhub pipe head addict
1 person likes this.

Reply 28 - Posted by: kono 6/1/2022 3:57:19 PM (No. 1172717)
If the ChiComs are permitted to buy Forbes, they should be made to rename it to something honest. At least Al Jazeera doesn't try to hide who they are.
1 person likes this.

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