China Is Winning the Economic Race with the US – The Consequences Will Be Profound
Today, the U.S. is the world’s largest debtor; China is the largest creditor. When it comes to manufacturing, China already displaced the US a decade ago.
Today, the U.S. is the world’s largest debtor; China is the largest creditor. When it comes to manufacturing, China already displaced the US a decade ago.
The more US agricultural technology China acquires, especially through theft, in order to become dominant in the agritech field, the worse the US will fare when it comes to selling its own technology, whether to China or third countries.
Sri Lanka’s short-lived green revolution of 2021 which failed in July 2022 should have been a good time to hammer home not only why the effort failed, but why so-called ESG policies and the green energy movement more generally are hopeless and destructive wastes of time.
Rather than the classically Marxist/communistic economic system that most understood it to be, China has been transformed into a corporatist, fascist, totalitarian state over the past 50 years.
While Hong Kong was to be autonomous from China until 2047, it’s hostile subjugation by the Chinese Communist Party (CCP) is being celebrated by some major American corporations.
China’s extreme military response to Nancy Pelosi’s visit to Taiwan sends an unequivocal message to the US that it can no longer sustain its policy of “strategic ambiguity.”
The model that so many nations seem to be imitating is that of the Communist Chinese Government. Strict control of freedom of movement and transportation, the elimination of “non-essential” businesses, the ever-present surveillance state, the censorship of freedom of expression – all hallmarks of authoritarian totalitarian control.
British universities have accepted £240 million from Chinese institutions, many with links to the military, including £60 million from institutions sanctioned by the US government for supplying the Chinese military with fighter jets, communications technology and missiles.
The US State Department has warned college and university governing boards that Confucius Institutes “exert malign influence on U.S. campuses and disseminate [Chinese Communist Party] propaganda.”
Nike CEO John Donahoe responded to a question on why Nike hasn’t been more vocal on human rights issues in China by stating that they participate “in sport all over the world, including China.