Wuhan Flu -- the name we dare not call covid 19 -- may have backfired on Chairman Xi by weakening Red China's economy. The Gatestone Institute said now is the time to end trade with Red China and help the CCP collapse as it nears its centennial.
Gatestone reported, "The real problem for Beijing is that consumption, the only sustainable part of the Chinese economy, looks far softer than officially reported, something evident from the widely followed China Beige Book survey. Spending will not fully recover until the coronavirus pandemic passes, and that is unlikely to happen soon due to China's barely effective vaccines."If true, that is what happens when you rely on stealing technology rather than investing in your own research. Of course, research requires critical thinking, which endangers communism because people who think for themselves come to the conclusion that communism is unworkable.
President Trump's goal of America becoming self-reliant again upset Washington politicians because they are reliant on bribes from Red China.
But Red China is dependent on the world, too. Communists cut a deal with students after Tiananmen Square. Red China would be capitalist when it came to economics, but communist on the political end. That it lasted 32 years is remarkable because no one trusts China, especially the Chinese.
Western politicians trust Red China because its checks clear the bank. For a few million in bribes, Red China has raked in trillions in trade surpluses, which finance its military and the public works projects that keep people at home happy.
President Trump took them on, but now that he's temporarily out of the picture Red China's diplomatic corps wants to punish his allies. That is a problem.
The Wall Street Journal reported, "China’s leadership is straining to dial back its country’s chest-thumping Wolf Warrior approach to foreign policy, afraid it has begun to undermine the country’s interests, according to people familiar with the matter.
"The effort has been impaired by nationalist fervor in the country, the people said, which is only intensifying as the party marks the 100th anniversary of its founding this week.
"The Wolf Warrior ethos—named after a nationalistic Chinese film franchise about a Rambo-like action hero who battles American-led mercenary groups—took hold among China’s previously staid diplomats during the Trump administration as they responded to what Beijing saw as spurious Western attacks on China. Much of the new approach has played out on Twitter, where diplomats have fired off a barrage of barbs, threats and conspiracy theories, many of them targeting the U.S.
"High-level meetings about moderating China’s aggressive diplomacy date to April, motivated by concern that the strategy has alienated the U.S. and other countries in ways that risk isolating the Chinese economy."
And according to Gatestone, Red China's domestic economy is hurting.
Gatestone said, "To defend itself, the United States should declare that its policy is to end the rule of China's Communist Party.
"At the moment, the Party is especially vulnerable because China's economy is weaker than reported and the country is still dependent on the American market.
"Beijing's National Bureau of Statistics reported an 18.3% growth of gross domestic product in the first quarter of this year compared to the same quarter in 2020. Fortune described the results as eye-popping.
"China's Q1 result, however, 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."
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The USA should leverage trade. Red China needs us more than we need Red China. We invented computer chips. We can go back to making them. We should scrap all the exotic plans for windmill factories, solar panels, and electric cars. Instead, we should build our steel factories and the like. Instead of relying on foreign manufacturers, we should become a net exporter again.
Curiously, Josef Biden has not gotten around to ending tariffs on Red China's exports.
Punishing Apple, Nike, and other companies that use slave labor in Red China would send a powerful message. It also would give American shoe companies and the like a hole in the market to fill.
I see no reason to have any dealings with Red China whatsoever. We ignored Red China for 23 years from the communist takeover in 1949 to Nixon's trip to Peking in 1972.
That was a golden age for the American economy.
I am not blaming Red China for our troubles. I am merely pointing out that we were better off without Red China.
Let's go back to that, because we would be stronger and the Chinese Communist Party could collapse.
That's the article: Help Red China collapse
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