This is the best tl;dr I could make, original reduced by 78%. (I'm a bot)

> The U.S. military will likely return to Subic Bay 30 years after relinquishing what was once their largest military base in Asia due to concerns over China's increasing maritime assertiveness, a top official of the local body overseeing the free port zone said.

> The former U.S. Naval Base Subic Bay, which faces the South China Sea, has become a bustling free port that employs about 150,000 locals, administered by the Subic Bay Metropolitan Authority.

> On Nov. 9, U.S. Ambassador to the Philippines Mary Kay Carlson visited Subic Bay and the shipyard that U.S. private firm Cerberus Capital Management LP acquired this year.

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