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China’s economy is soft right now, because its own consumers still are struggling with less-than-effective COVID-19 vaccines, and it is dependent on American purchases.
Article by Bob Unruh from WND.
So the U.S. should take advantage and strive for the end of Communist rule there.
That’s from China expert Gordon Chang, author of “The Coming Collapse of China” and a distinguished senior fellow at the Gatestone Institute.
He pointed out the Biden administration attitude is the reverse of what it should be.
He quoted Secretary of State Antony Blinken, who said, “I want to be clear on this, our goal is not to hold China back. It is not to establish a policy against China.”
“Really?” Chang wrote, “The Chinese regime spread a disease that has at last count killed 604,000 Americans; last year it urged the violent overthrow of the American government; it is killing tens of thousands of Americans annually with fentanyl and related opioids; and it steals half a trillion dollars of American intellectual property every 12 months. It has even declared a ‘people’s war’ on America.”
He said America’s logical defense is that it “declare that its policy is to end the rule of China’s Communist Party.”
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He pointed out the weakness in China’s finances, that its reported huge growth of gross domestic product earlier this year was “probably inflated and in any event fell below consensus estimates.”
“Tellingly, the country’s Q1 GDP registered only a 0.6% increase from the previous quarter. That figure trailed the 2.6% quarter-on-quarter growth between the third and fourth quarters of last year,” he said.
Consumer spending there, Chang said, “will not fully recover until the coronavirus pandemic passes, and that is unlikely to happen soon due to China’s barely effective vaccines.”
So it is relying now on American consumers.
“Last year, China’s merchandise trade surplus with the U.S. was 58.0% of its overall merchandise trade surplus. China, therefore, remains extraordinarily dependent on its sales to America, a circumstance that gives Washington extraordinary leverage,” he said.
Further pressure could be applied by “banning the importation of products made with forced or slave labor,” an issue that implicates Nike and Apple products, obtained from subcontractors, he said.
But he explained, “Ultimately, it is everyday purchasing decisions that fuel a hostile China. Cleo Paskal of the Foundation for Defense of Democracies has been promoting a Shopping for Victory program. A 2020 Deutsche Bank survey reported that 41% of Americans didn’t want to buy products made in China.”
He said, “China’s Communist Party runs a system where all entities are in service of the party-state. That means all Chinese entities should be treated as one and their products banned.”
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New Conservative Network Seeks Crowdfunding Help
They say we have to go big or go home. We’re trying to go big and bring the patriotic truth the the nation, but we need help.
Readers may or may not realize that over the past year, we’ve been bringing more conservative news and opinion outlets under our wing. Don’t take our expansion as a sign of riches; all of the “acquisitions” have been through sweat and promises of greater things to come for all involved. As a result, we’ve been able to bring together several independent media sites under a unified vision of preventing America from succumbing to the progressive, “woke,” Neo-Marxist ideologies that are spreading like wildfire across America.
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They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We just launched a GiveSendGo page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
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