As Beijing’s ambition of overtaking the American economy stalls, its strategy shifts to economic coercion; China’s priority now is to minimize China’s dependence on other countries and maximize its ability to coerce them economically. China has begun to weaponize trade with America strategically. Once they start selling off the U S treasury debt they hold, the US dollar will collapse. America must implement a drastically scaled-back trade policy with China and covertly attack China’s import vulnerabilities. Concurrently, we must stop them from stealing our high-tech and military secrets. We educate their future spies at our finest universities. After graduation, we give them security clearances and hire them in our military and industrial complex for susceptible jobs. We need to stop the theft of our secrets.
China’s president Xi fears the rise of power in China’s private sector. Powerful constituencies are developing outside of party control. Xi has cracked down on activities perceived as threatening in this respect. Xi needs to retain control of the economy. Business expansion is a double-edged sword. America must stop China from stealing innovations and scientific breakthroughs. We must produce more in North America and import goods from trustworthy trading partners. Congress must start doing its job. Executive orders cannot push through policies; they require a bipartisan consensus and new or modified laws. Asymmetric economic dependence on China puts us on the highway to Hell. The threat of future disruptions in consumption must be eliminated. China is starting to spend more on science and technology. Strategic economic leverage will become the name of their game. In the aerospace industry., Airbus, Boeing, and Bombardier will soon face a Chinese competitor, COMAC. China’s tools of economic coercion could force us into deindustrialization. Beijing will continue absorbing foreign innovation, eventually driving foreign producers out of business.
They must continue to maintain their preeminent position in global supply chains. They have begun to make themselves indispensable as a producer of high-value goods. China owns substantial overseas reserves of lithium and cobalt to make electric car batteries. China dominates the production and export of essential pharmaceutical ingredients. They must knock off our medical patents to make cutting-edge pharmaceuticals and devices. Semiconductors, biotechnology, and other high-value industries are next on the list. Coercive economics will be added to the mix. China must be stopped from copying technology, then driving out the original developers.
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Our FBI and CIA are at the top, compromised and corrupt. They are too busy investigating alt-right entities and arresting school mothers at school board meetings. They also eliminate conservative opinions on social media sites by embedding their agents within these companies. Their goal is to remake America into an Alinsky/Lenin country. These compromised leaders answer to the progressive left in this country. Obama and his Alinsky fellow travelers are driving the boat.
