Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Category Archives: Foreign Policy

House Republican Presents Bill Redirecting IRS Funding to Southern Border

This article appeared online at TheNewAmerican.com on Friday, September 30, 2022:  

Representative Claudia Tenney (R-N.Y.) offered the draft of a bill last week which, if passed by Congress, would take an estimated $50 billion from IRS funding for hiring new agents and redirect it to Customs and Border Protection instead.

The draft is simplicity itself: “A BILL to rescind certain [funds] made available to the Internal Revenue Service and redirect them to the U.S. Customs and Border Protection … for the salaries and expenses of new agents and officers hired for the security of the southern border of the United States.”

She calls it the “Diverting IRS Resources to the Exigent Crisis Through (DIRECT) Funds for Border Security,” which would stop “Biden’s new IRS army from launching audits of middle-class families.”

She added:

Americans don’t want more IRS audits; they want a secure border and safer streets. The DIRECT Funds for Border Security Act will deliver just that by providing CBP with the money needed to hire new agents.

Nothing is provided for finishing the southern border wall that President Donald Trump started.

And nothing is mentioned about completing the wall in the Republicans’ other big move — its “Commitment to America” — which was rolled out last week and then snuffed out online immediately thereafter. But House Minority Leader Kevin McCarthy promised that the first order of business in January, if the Republicans take back control, will be to “repeal 87,000 IRS agents. So they’re not going after you [to coopt one of Trump’s favorite warnings].”

Web users can still find a copy of the original Commitment. In summary, it’s long on words and short on specifics.

Nothing is said or even implied about following Constitutional limitations. Nothing is said or implied about completing the border wall. Instead, more government agents are to be hired to shut down illegal border crossings.

Nothing is said about the several million illegals who have crossed the southern border and have disappeared into the heartland of America.

Nothing is said about states offering sanctuary to those aliens through handouts and ID cards allowing them to vote in elections.

Nothing is said about inflation that is ravaging the purchasing power of the average middle-class worker.

Nothing is said about the abortion holocaust in various states that are even offering transportation for women seeking an abortion who live in states where abortion is now prohibited. Isn’t that an “interstate crime”?

Instead, McCarthy seems intent on ignoring those issues, but instead will “investigate” — through a special select committee — the China threat.

What many are afraid of is this: the new Republican House, run by people such as Kevin McCarthy, will snuff out any attempt to rebuild the foundations of the Republic, and instead opt for the political expediency of doing nothing while appearing to be doing something.

At this writing, Tenney has no cosponsors for her bill.

Survey: Majority of Americans See China as “Greatest Threat”

This article appeared online at TheNewAmerican.com on Wednesday, December 1, 2021:  

The results from the latest survey conducted by Beacon Research for the Ronald Reagan Foundation, which were released last week, confirmed the “momentous shift” by Americans toward China first uncovered by the Brookings Institution in March.

Three years ago, just 21 percent of those polled — one out of five Americans — considered China “the greatest threat to the U.S.,” according to Beacon. That percentage moved to 28 percent a year later, to 37 percent in February of this year, and now stands at 52 percent.

In other words, more than half of American citizens now, finally, recognize China as the nation’s greatest threat.

It’s been a long time coming. When former CFR member Michael Pillsbury wrote The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower in March 2016, it was still largely a secret. His thesis began to gain traction when his book became part of the 2017 U.S. Special Operations Commanders’ Reading List. It became a best-seller at the Washington Post while The New York Times called it a “lodestar … for those pushing for a more forceful response to the threat that China’s rise poses to the United States.”

The awakening was first announced by the Brookings Institution, part of the liberal establishment that has for years promoted the canard that if America treats China with respect, China will reciprocate. If the United States “plays nice” with the communists running that country, they will “play nice” back.

That lie has been exposed, and Americans are catching on.

As Gallup noted in March, “The share of Americans who see China as our greatest enemy has doubled in the past year, from 22% to 45%.” Pew Research Center reported at the same time that 67 percent of Americans “now have negative views toward China, up from 46% in 2018.”

After reviewing the various polls back in March, Brookings concluded:

It is evident that the past five years represent a hinge-moment in U.S. perceptions of Beijing. At the public as well as elite levels, the optimistic assumptions that guided our China policy for more than two decades have lost credibility.

One could argue that the lie was deliberate, but that is now beside the point. Beacon reports that more Americans consider the greatest threats come from within the country as a result of the infiltration of Chinese communists into American culture. 

It reports that Americans, in the next five years, fear

 

• Thermonuclear war (61 percent);

• Conventional military attack (55 percent);

• Cyber-attacks (88 percent);

• An attack on our space assets, such as satellites (61 percent);

• Terrorist attacks on the homeland (82 percent);

• Biological attacks on the homeland (78 percent); and

• Global pandemics (81 percent).

Nearly three out of four Americans (71 percent) fear a “war between the U.S. and China” in the next five years.

Most Americans think they know exactly where the present pandemic started, according to Beacon: 72 percent say it’s likely that “the coronavirus was developed by scientists working at a lab in Wuhan (China), but accidentally leaked, and that the Chinese government then hid and lied about the lead to international health public officials.”

Even Democrats aren’t immune to the revelations. In February, 20 percent of Democrats named China as a threat to the United States. Today, 44 percent of them do.

As Sun Tzu, the Chinese general and military strategist, wrote five centuries before the birth of Christ:

If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.

Americans are finally coming to know the enemy. And they want something to be done about it. As Brookings noted back in March, Americans want to place sanctions on Chinese officials responsible for human-rights violations, they want to strengthen relations with allies in the region, they want the U.S. government to prohibit the sale of high-tech equipment to China, and they want to prohibit Chinese involvement in building U.S. communications networks.

This reflects the “momentous shift” in Americans’ attitudes towards China first discovered by Brookings back in March and confirmed by Beacon Research last week.

Convicted Chinese Spy Just a Bit Player in China’s Plan for World Hegemony

This article appeared online at TheNewAmerican.com on Tuesday, November 23, 2021:

U.S. intelligence officials celebrated the conviction of the first Chinese spy to be extradited and tried on American soil: Xu Yanjun, a senior official with China’s Ministry of State Security (MSS). Said Assistant Attorney General Matthew Olsen: “This conviction of a card-carrying intelligence officer for economic espionage underscores that trade secret theft is integral to [China’s] plans.… With the support of our allies we will continue to investigate, prosecute, and hold accountable those who try to take the fruits of American ingenuity illegally.”

Acting U.S. Attorney Vipal Patel added:

The jury, by its guilty verdict … held Xu accountable for his classic spy techniques.

 

Xu conspired to commit economic espionage on behalf of the Chinese government….

 

This office will continue to seek to protect American innovation and hold accountable those who attempt to steal our nation’s science and technology.

In making its announcement, the Department of Justice explained those “classic spy techniques”:

According to court documents and evidence presented at trial, beginning in at least December 2013, Xu used multiple aliases to target specific companies in the United States and abroad that are recognized as leaders in the field of aviation.

 

He identified experts who worked for the companies and [invited] them to travel to China, often initially under the guise that they were traveling to give a presentation at a university. Xu and others paid the experts stipends on top of covering travel costs.

 

According to today’s conviction, Xu attempted to steal technology related to GE Aviation’s exclusive composite aircraft engine fan — which no other company in the world has been able to duplicate — to benefit the Chinese state.

 

In March 2017, a GE Aviation employee in Cincinnati, Ohio, was solicited to give a report at a university in China. The employee traveled to China two months later to present at the university and was introduced to Xu. Xu and others paid the employee’s travel expenses and a stipend.

 

In January 2018, Xu requested “system specification, design process” information from the employee and — with the cooperation of the company, who was [now] working with the FBI — the employee emailed a two-page document from the company that included a label that warned about the disclosure of proprietary information.

 

In February 2018, Xu began discussing with the employee the possibility of meeting in Europe during one of the employee’s business trips and asked the employee to send a copy of the file directory for his company-issued computer.

 

Xu traveled to Belgium on April 1, 2018, to meet with the employee and was arrested at that time.

The mistake Xu made was agreeing to meet the company employee/FBI informant outside of China where he could be extradited to the United States for prosecution. He was convicted on five counts of espionage and is in jail awaiting sentencing. He could get up 50 years.

James Olsen, former chief of counterintelligence for the Central Intelligence Agency (CIA) and author of To Catch a Spy: The Art of Counterintelligence, celebrated the conviction but admitted that the CIA and other agencies “have been relatively ineffective [in] stopping the theft of technology and research and development information” by Chinese spies.

Olsen expects retaliation by the Chinese, who will want to get Xu back:

An American businessman or American journalist in China will be framed. [The regime will] fabricate a case against this person and rush him through a trial.

This will give the Chinese “trade bait.” Olsen added, “They’re probably looking at potential targets right now.”

Why would the Chinese want Xu back? Perhaps because of his high position in the Chinese spy apparatus, he could expose the vast network of spies that China has successfully inserted into the United States. As Assistant Attorney General for National Security John C. Demers said, “This case is not an isolated incident. It is part of an overall economic policy of developing China at American expense.”

Michael Pillsbury, in his 2016 book The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower, exposes China’s plan to become the world’s hegemon by 2050. Part of that plan involves stealing technology from its arch-enemy, the United States.

Although Xu’s strategy of “invitation/flattery/bribery/blackmail” was “classic,” the Chinese regime also uses numerous other methods to obtain what it needs to overtake America and relegate her to second-class status in the world. It exploits commercial entities who want access to the Chinese market by demanding they give up essential secrets in order to do so. It has created a vast network of scientific, academic, and business contacts who are willing to sell out America for a price. It uses cyber-spying to penetrate the computer networks of U.S. businesses and government agencies. It uses its vast wealth to buy up American companies that have the technology Chinese manufacturers need and are unable to create themselves.

They use sex. Consider briefly the case of the Chinese spy Fang Fang, (aka Christine Fang), who pawned herself off as a student in California. As Wikipedia put it: “[Fang Fang has] since at least 2012 been cultivating contacts with California politicians who the Chinese government believed had promising futures in politics.” She slept with at least two mayors and connected with U.S. Representative Eric Swalwell, helping bundle campaign contributions for him in 2014, and inserting a Chinese spy into his office staff.

In July 2020, FBI Director Christopher Wray called China the “greatest long-term threat” to the United States, and that “the FBI is now opening a new China-related counterintelligence case every 10 hours.” Of the nearly 5,000 active counterintelligence cases presently open, half of them are related to China.

Xu’s failed attempt to secure proprietary information from GE Aviation revealed that his role in the grand Chinese scheme to become the world hegemon was that of just a bit player. But his conviction reveals the level of infiltration China has already achieved in working toward its goal.

Reporter: China Has Been Infiltrating Left-wing U.S. Media for Years

This article was published by TheNewAmerican.com on Tuesday, March 2, 2021:

The latest interview with Natalie Winters, an investigative reporter for the National Pulse, revealed more of China’s successes in infiltrating the media and left-wing think tanks on Monday. In her 20-minute interview with the Epoch Times’ Joshua Philipp, she laid out exactly how effective, and insidious, this part of China’s United Front effort is in changing the narrative on China.

One of the most effective tools of China’s United Front — a strategy dating back to the days of Mao to present a false but persuasive and believable picture of China under Chinese Communist Party rule — is CUSEF, the China-United States Exchange Foundation.

Founded and funded by billionaire CCP member Tung Chee-hwa in 2008, the effectiveness of CUSEF was brought to light in late 2017 by Bethany Allen-Ibrahimian, an investigative reporter for Foreign Policy (FP):

Keep reading…

Secretary of State Pompeo Announces New Policy Over China’s South China Sea Claims

This article appeared online at TheNewAmerican.com on Tuesday, July 14, 2020: 

Secretary of State Michael Pompeo issued a statement on Monday directly and forcefully challenging China’s claims to most of the South China Sea:

Today we are strengthening U.S. policy in a vital, contentious part of that region — the South China Sea. We are making clear: Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them….

 

Beijing uses intimidation to undermine the sovereign rights of Southeast Asian coastal states [the Philippines, Malaysia, Brunei, and Vietnam], bully them out of offshore resources, assert unilateral dominion, and replace international law with “might makes right.”

In 2009, the Communist Chinese unilaterally and arbitrarily drew a circle around what it considered its sovereign territory, a series of nine dashes on the map of the South China Sea extending from the Paracel Islands (about 200 miles due East of Da Nang, Vietnam), south to Malaysia, curving north to enclose the Spratley Islands and ending 50 miles offshore of Taiwan. The enormous waters see nearly $5 trillion worth of global trade passing through them every year.

Said Pompeo:

Keep reading…

Trump Pulls the Plug on WHO, Effective July 2021

This article appeared online at TheNewAmerican.com on Wednesday, July 8, 2020: 

President Trump kept another promise on Tuesday: He had earlier threatened to pull the United States out of the UN World Health Organization (WHO) unless the outfit shaped up. It didn’t, so he left.

The president filed a notice of withdrawal, effective July 6, 2021, with the UN Secretary General.

Trump cut off U.S. funding to WHO back in April. In a May letter to WHO Director Dr. Tedros Adhanom, he explained, “On April 14, 2020, I suspended United States contributions to the World Health Organization pending an investigation by my Administration of [your] organization’s failed response to the COVID-10 outbreak. This review confirmed many of the serious concerns I raised, [including WHO’s] alarming lack of independence from the People’s Republic of China.”

The letter devoted wrote four pages to summarizing what the Trump administration learned. This included:

Keep reading…

Trump Appointee Takes Over at VOA; Two Top Staffers Immediately Quit

This article appeared online at TheNewAmerican.com on Tuesday, June 16, 2020: 

Within days of Michael Pack taking over as head of the Voice of America (VOA), both VOA’s director and deputy director quit. They knew Pack wouldn’t countenance their liberal-left and often anti-American viewpoints going out to hundreds of millions in foreign countries, using its perception as pro-America and a reliable source of information on important issues to sway people leftward.

When the president nominated Pack two years ago to be the head of the U.S. Agency for Global Media, which oversees the VOA, he declared it a victory:

Keep reading…

China’s Economy Taking Massive Hit From Coronavirus Measures

This article appeared online at TheNewAmerican.com on Thursday, March 5, 2020: 

Estimates from the International Monetary Fund (IMF) show the impact of measures mandated by the Chinese communist government to staunch the spread of the COVID 19/Coronavirus. In January, the IMF reduced its growth outlook from 6.4 percent for 2020 to 6.1 percent. On Thursday it reduced that outlook further, to 5.6 percent, thanks to what the IMF’s managing director Kristalina Georgieva called the “sheer geographic spread” of the virus.

And the group’s forecast could be reduced further: “We are already looking at adverse scenarios … in which the impact on growth for China is more significant.… The Chinese authorities themselves are recognizing that there would be lower growth this year.”

The IMF noted, for example, that

Keep reading…

Could the COVID19/Coronavirus End the Communists’ Control of China?

This article was published by The McAlvany Intelligence Advisor on Friday, March 6, 2020: 

The spark could be the “white hot” outrage that followed the death of the whistleblower from Luhan, China who tried to warn people of the virus. On December 30, Dr. Li Wenliang, a local ophthalmologist, typed his warning into a chat group of his former medical school classmates: “A new coronavirus infection has been confirmed and its type is being identified. Inform all family and relatives to be on guard.”

On February 7, he died after catching the virus from a patient he was treating.

By noon, the hashtag “#LiWenliangHasPassedAway” was the number one trending topic on China’s Twitter-like platform Weibo, with 10 billion mentions. Weibo users flooded Wi’s webpage, leaving more than 150,000 comments, many of them critical of local authorities who had punished Li for “spreading rumors.”

China expert Gordon Chang, in an interview at the Conservative Political Action Conference in Washington, D.C., said

Keep reading…

U.S. Lawmakers Are Late to the Game

This article was published by The McAlvany Intelligence Advisor on Monday, February 10, 2020:

Michael Pillsbury, in the Afterward to his monumental The Hundred-Year Marathon: China’s Secret Strategy to Replace America as the Global Superpower, wrote:

As I’ve noted in this book [published in 2015], American intelligence and national security officials have for too long succumbed to wishful thinking about China’s strategy and ignored the obvious evidence of its deliberate challenge to the West….

 

Only now, after a forty-year slumber, are we finally beginning to awaken to China’s detailed and deliberate strategy to surpass us by 2049.

 

We can only hope it is not too late.

The infiltration of the U.S. media is just one of the many battlegrounds China is funding for that purpose, along with the theft of American intellectual property, building its military second to none, and initiating its “Thousand Talents Plan” to insinuate thousands of Chinese nationals into sensitive positions in the U.S.

Thirty-five lawmakers have just become aware of how the Chinese Communists have been publishing “cover” articles – designed to look like legitimate news articles – in major U.S. media for decades. Only last week have they discovered the effort and have sent a letter to Attorney General William Barr to look into it. They sought a response from Barr about reports that the Chinese Communist Party’s China Daily has been violating this country’s Foreign Agents Registration Act (FARA) for years.

The demand in the form of a letter sent last Thursday followed reports from the Washington Free Beacon in December that China Daily has for years been acting as a transmission belt for communist propaganda without complying with FARA. Said the Beacon:

Keep reading…

Congressional Lawmakers Press AG Barr to Investigate China’s Propaganda Mouthpiece, China Daily

This article appeared online at TheNewAmerican.com on Sunday, February 9, 2020: 

Thirty-five lawmakers sought a response from U.S. Attorney General William Barr about reports that the Chinese Communist Party has been violating this country’s Foreign Agents Registration Act (FARA) for years.

The demand in the form of a letter sent last Thursday followed reports from the Washington Free Beacon in December that China Daily has for years been acting as a transmission belt for communist propaganda without complying with FARA. Said the Beacon: “China Daily, an official mouthpiece of the Chinese Communist Party, has published hundreds of propaganda articles designed to look like ordinary news stories in some of America’s most influential newspapers…. The propaganda outlet has repeatedly violated [FARA] by failing to provide full disclosures about its purchases.”

For example,

Keep reading…

This Time Senator Chuck Schumer May Be Right: Phase One is Worthless

This article was published by The McAlvany Intelligence Advisor on Friday, January 17, 2020:  

In response to the signing of the Phase One trade deal, liberal New York Democrat Senator Chuck Schumer called the deal “an extreme disappointment.” He said the agreement “concedes our leverage” over China for “vague, unenforceable promises” that China “never intends to fulfill. I fear that Xi [China’s communist leader] is laughing at us behind our backs for having gained so much at our expense.”

What Xi gained was the signing of an agreement in exchange for a reduction in tariffs – an agreement that is so flawed that it is practically worthless. But the communist Chinese leader gained much favorable national and international credibility just for showing that he is Trump’s equal.

Skeptics scouring the 94-page agreement aren’t finding much to cheer about. The centerpiece of Phase One is the pledge China made to purchase at least $200 billion worth of additional American products over the next two years. In addition it allegedly puts in place enforcement mechanisms to keep China from stealing American companies’ trade secrets and advanced technology.

First, from a practical point of view,

Keep reading…

China Won’t Let Phase One Stand in Its Way

This article was published by The McAlvany Intelligence Advisor on Wednesday, January 15, 2020:

China isn’t about to let a piece of paper like Phase One stand in its way to global hegemony. It has spent the last 30 years manipulating its currency, attracting American capital, and stealing American technology in its quest to become the world’s largest economy. As is becoming more widely known, it seeks unprecedented global power and influence in another 20 years. This is how the communists plan on celebrating their 100 th anniversary of capturing China in 1949.

As an example, it demanded a “condition precedent” before agreeing to sign Phase One scheduled for Wednesday in Washington. The president, in full reelection mode, acquiesced. It was a victory for China and an indicator that much more work needs to be done in “Phase Two” and future additional agreements to have any chance of reining in China’s hunger and thirst for American capital and technology through deceit and manipulation. Its war on the West won’t be stymied in the slightest, even after “Phase One” is signed.

Mnuchin tried to make the deal sound attractive:

Keep reading…

To Get Trade Deal Signed, U.S. Says China No Longer “Currency Manipulator”

This article appeared online at TheNewAmerican.com on Tuesday, January 14, 2020:

Two days before “Phase One” of a U.S.-China trade deal is to be signed, Treasury Secretary Steven Mnuchin announced that his department was removing China from its list of “currency manipulators.” This was a “condition precedent” in order to get the deal done. It was a victory for China and an indicator that much more work needs to be done in “Phase Two” and future additional agreements to rein in China’s hunger and thirst for American capital and technology, often acquired through deceit and manipulation. Its war on the West won’t be stymied in the slightest even after “Phase One” is signed.

Mnuchin tried to make the deal sound attractive: “The Treasury Department has helped secure a significant Phase One agreement with China that will lead to greater economic growth and opportunity for American workers and businesses. China has made enforceable commitments to refrain from competitive devaluation [of its currency, the yuan], while promoting transparency and accountability.”

The underlying assumption is false:

Keep reading…

“Made in China” Is Becoming “NOT Made in China”

This article was published by The McAlvany Intelligence Advisor on Friday, January 10, 2020:

With so many companies leaving China for more favorable business climes, the ubiquitous slogan “Made in China” is slowly turning into a pejorative, being increasingly replaced with “NOT Made in China!”

The number of companies moving some, most, or all of their manufacturing operations out of China, or making plans to do so, is turning from a trickle into a flow, and likely to become a flood.

In July, the Nikkei Asian Review listed just a few of those companies, including Apple, Nintendo, Sketchers USA, Komatsu, Sumitomo Heavy Industries, Mitsubishi Electric, Ricoh, Citizen Watch, Panasonic, HP, Dell, Kyocera, Sharp, Nintendo, GoPro, and Samsung. Each of them is facing rising labor and environmental costs in China, an ever-changing crazy-quilt regulatory system, not to mention the tariff wars that will likely continue long after the highly-touted “Phase One” agreement has been signed.

And the flow is likely to turn into a flood, according to Dan Harris, head of an international law firm that works extensively in China: “For every foreign company that left China in 2019 there are two or three more seriously contemplating doing so. We expect more companies to leave China in 2020 than in 2019.”

As a direct result of those trade war tariffs, China has now fallen behind Mexico and Canada, and is now the U.S.’s third largest trading partner. Before the tariff wars began in July 2018, China was number one.

Compared with June 2018, the month before the trade war began, U.S. imports of goods from Vietnam have soared by more than 50 percent, Thailand nearly 20 percent, Malaysia by 11 percent, Indonesia over 14 percent, Taiwan 30 percent, and Mexico nearly 13 percent.

The ripple effect is showing up in car sales in China, which have dropped for the second consecutive year, dropping 5.8 percent in 2018 and 7.4 percent last year. December car sales were down, the 18th down month out of the last 19.

As China’s consumers face food price increases that are the highest in eight years, they are paring back elsewhere, slowing the country’s economy to its lowest pace seen in three decades. Official numbers from China’s public agencies are increasingly being ignored in favor of more realistic, and much lower, numbers coming from more reliable outside sources. The Federal Reserve Bank of St. Louis has expressed its skepticism about those government estimates:

One way to assess the quality of Chinese economic data is to look at the difference between the growth rate of real GDP reported by the government and the estimated growth from 1992 to 2006 using the night-lights [luminosity] data. Reported real GDP growth in China over this period is about 122 percent, while predicted growth using the night-lights data is only 57 percent.

 

This sizable gap suggests cumulative Chinese growth over the years could be overstated by as much as 65 percent. [Emphasis added.]

Here’s the question: if the Chinese economy was growing at six percent a year or more over the last decade, why has the Shanghai Composite Index (made up of more than 1,000 Chinese companies) failed to show any growth whatsoever over that same period?

John Evans, managing director for marketing and consulting firm Tractus Asia, said that the companies that have left China for places like Vietnam, Malaysia, Taiwan, Indonesia, and elsewhere where conditions are much more favorable are only the “first wave,” which started about 12 to 18 months ago. “The second wave started mid-2019,” he added.

The trade war isn’t going away anytime soon, according to Evans: “For companies exporting to the U.S., the entire time span of the trade war has sent the message that this isn’t going to go away and that they need to rethink things.”

That’s especially true of the communists ruling the country who are seeing their dream of overtaking the U.S. economically by 2030 and having an economy triple the size of the U.S. by 2050 slowly turning to ashes. Their “Hundred-Year Marathon” (Michael Pillsbury’s expression) to replace America as the global superpower is happily coming unglued as the economy staggers under Trump’s America First foreign policy initiatives.

It’s just a matter of time. “Made in China” will disappear from clothing labels, digital devices, and shipping containers in favor of the celebratory “NOT Made in China!”

—————————

An Ivy League graduate and former investment advisor, Bob is a regular contributor to The New American primarily on economics and politics. He can be reached at badelmann@thenewamerican.com.

Sources:

McAlvany Intelligence AdvisorStocks Making Up the Shanghai Composite Index Are Cheap, and Likely to Get Cheaper

McAlvany Intelligence AdvisorThe China Threat Is Real, Says Oxford Scholar

South China Morning PostChina’s manufacturing exodus set to continue in 2020, despite prospect of trade war deal

The Wall Street JournalChina’s Car-Sales Slump Extends Into Another Year

The Wall Street JournalChinese Inflation at Eight-Year High Poses a Policy Dilemma

The New York TimesChina Moves to Steady Its Slowing Economic Growth

The New York TimesChina Injects $126 Billion Into Its Slowing Economy

The Nikkei Asian ReviewChina scrambles to stem manufacturing exodus as 50 companies leave

Keep reading…

More and More Companies Moving Out of China

This article appeared online at TheNewAmerican.com on Thursday, January 9, 2020: 

The number of companies moving some, most, or all of their manufacturing operations out of China, or making plans to do so, is growing from a trickle to a flow and likely to a flood.

In July, the Nikkei Asian Review listed just a few of those companies, including Apple, Nintendo, Sketchers USA, Komatsu, Sumitomo Heavy Industries, Mitsubishi Electric, Ricoh, Citizen Watch, Panasonic, HP, Dell, Kyocera, Sharp, Nintendo, GoPro, and Samsung. Each of them is facing rising labor and environmental costs, an ever-changing crazy-quilt regulatory system, not to mention the tariff wars that will likely continue long after the highly-touted “Phase One” trade agreement has been signed with the United States.

And the flow is likely to turn into a flood, according to Dan Harris, head of an international law firm that works extensively in China:

Keep reading…

Stocks Making Up the Shanghai Composite Index Are Cheap, and Likely to Get Cheaper

This article was published by The McAlvany Intelligence Advisor on Monday, January 6, 2020:  

As this writer noted here in November, the art of war according to Sun Tzu consists of deceiving the enemy. China’s deceptions extend to the manipulation of its GDP numbers, and have for decades. If China can be perceived to be stronger than it really is, then Washington may be fooled into making mistakes in dealing with its enemy.

At least one portfolio manager is deceived. Eric Moffett, who works in Hong Kong for T. Rowe Price, told the Wall Street Journal on Saturday that he thinks investors should now consider investing in China “because we’re at a sentiment low [and] we think it creates a lot of opportunities.”

It’s no wonder that investor sentiment is low: investors in the Shanghai Composite Index for the last 10 years have made nothing. Zero. Nada. And this while China’s economy was allegedly growing at better than 6 percent a year.

They suffered through government manipulations of that index, watching their accounts quintuple from the summer of 2005 to November 2007 and then lose two-thirds of their value in the following 12 months. And what did they gain for all that suffering? Nothing. The index trades today at the same level it did 10 years ago.

Manipulation was made easy

Keep reading…

U.S. Officials Say North Korea’s Promise of a “Christmas Gift” Could Be Missile Launch

This article appeared online at TheNewAmerican.com on Monday, December 23, 2019: 

North Korea’s “engine test” on December 8 — described by North Korean military officials as “crucial” in its development of long-range missiles — has U.S. officials worried. They worry that it’s a sign that all further negotiations over the denuclearization of the Korean peninsula are off the table. They worry that North Korea’s “rocket man,” Kim Jong-un, will light off a missile to test President Trump’s resolve, perceiving Trump to be vulnerable while under pressure from his impeachment threat and his reelection chances next year.

On December 3, Ri Thae Song, North Korea’s minster of foreign affairs, said that recent calls by Washington for another round of talks between President Trump and Kim are “nothing but a foolish trick hatched to keep [North Korea] bound to dialogue and use it in favor of the political situation and election in the U.S.… What is left is entirely up to the U.S. [as to] what Christmas gift it will select to get.”

North Korea first detonated a nuclear device in 2006. During the early months of the Trump administration, the North Korean dictator decided to test the mettle of the new president by

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World Trade Organization Becomes Irrelevant on Wednesday, Thanks to Trump

This article appeared online at TheNewAmerican.com on Monday, December 9, 2019: 

The supreme court of world trade, otherwise known as the “appellate body” of the World Trade Organization, will cease functioning on Wednesday. The court is supposed to have seven members but it currently has four vacancies, with two more members retiring on Tuesday. That leaves one active judge, two short of the number required to rule on international trade disputes.

Those vacancies haven’t been filled thanks to the Trump administration’s war on the WTO. The president has criticized the WTO for allowing China to retain its special status as a developing nation (though it’s now number two in the world economically) while looking the other way when it violates WTO rules. Instead of sanctioning China for subsidizing many of its products to gain a special advantage over its global competitors, the supreme court has instead ruled against Trump’s tariffs, which were enacted in part to deal with such subsidies. Accordingly, the Trump administration has refused to allow those vacancies to be filled.

Not only do WTO rulings against Trump’s tariffs violate the U.S. Constitution, they also

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Trump Sends Message to Beijing by Signing Hong Kong Bills

This article appeared online at TheNewAmerican.com on Thursday, November 28, 2019: 

When he was considering whether or not to sign two bills passed nearly unanimously by Congress strengthening a long-term trade agreement with Hong Kong dating back to 1992, President Trump admitted it was complicated. On Fox News he said, “Look, we have to stand with Hong Kong. But I’m also standing with President Xi. He’s a friend of mine. He’s an incredible guy.”

Xi is also facing a complicated situation at home, as explained in a book that is now influencing American foreign policy with China. That book,

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.
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