The Amazing Changes in the Capitalist World Have Been
Brought About by the Chinese Communists, from Transforming Corporate America to
Corporate World
United States’ 23 trillion-dollar rising debt, is putting National Security in danger is the number one threat.
Mujeeb Khan
Deputy Security of State Wendy Sherman met with Foreign Minister Wang Yi in China Northern City of Tianjin Jully 23, 2021
Chinese diplomates with the US Antony Blinken and Jack Sullivan, in Anchorage, Alaska, March 22, 2021
The first high-level meeting between The United States and China took place in March in Anchorage, Alaska. Secretary of
State Antony Blinken and National Security Adviser Jack Sullivan met with top
Chinese diplomates Yang Yiech and Foreign Minister Wang Yi for several hours,
listing China’s grievances with the United States and sought clarification of the
allegations made by the United States against China. From this first meeting
between the top officials of the two countries, the weather was not pleasant,
the tension was so high that it was autumn in the spring. The actions taken
against China in the Trump administration continued in the Biden administration.
Government policy changes the situation, or the situation does not allow the policy
to be changed. After the first US-China meeting on March 22 and the second
US-China meeting on July 23, in the Chinese city of Tianjin between deputy
secretary of state Wendy Sherman and Chinese Deputy Foreign Minister Xie Feng and Foreign
minister Wang Yi, there was no significant change in the situation in almost
six months of Joe Biden’s Presidency, but his administration has stressed the
importance of continuing President Trump’s policy on China. President Biden called
President Trump was incompetent in his election campaign who had no experience in
world affairs. And he had 40 years of experience in world affairs. But President
Biden’s 40 years of experience in US-China policy are not visible. It seemed
everyone in the administration likes the China doctrine of an incompetent
president in the Biden administration. For 40 years, eight US presidents have called
on China to pursue economic reform and open market policy, and now, they are seeing the
results, the Trump and Biden administrations are forcing China to roll back the
policy through trade wars and economic sanctions. There is an attempt to
dismantle Chinese tech by blacklisting them. Foreign companies are being asked
to close their businesses in Hong Kong. As a presidential candidate, Joe Biden was
opposed to Russian intervention in the United States. But now it is President
Biden is pursuing a policy of intervention in China. A few days ago,
President Biden said that “capitalism without competition is not capitalism, it
is exploitation.” Its means that the US sanctioning Chinese companies,
depriving them of resources is not capitalism, it is exploitation.
The Chinese
Communist Party has given foreign companies the freedom to do business in China.
Chinese companies have been asked to compete with foreign companies. In the
history of the United States, China has made the first American Apple Company a
trillion-dollar company. In 30 years, many Chinese companies have become
billions and trillion dollars, and they are competing with foreign companies. Perhaps
foreign companies will like this competition in China. These amazing changes in
the capitalist world have been brought about by the Chinese communists. While America’s
wars in the world have become trillions-dollars wars.
This is the situation
before the United States before taking a position on the negotiating table with
China, while on the other hand, the US troops were leaving Afghanistan with 20
years failures. And now at the request of the Iraqi government, the United
States has announced the end of its military mission in Iraq. Syria, Libya, and
Yemen is left in a state of instability, conflagration, turmoil. In 70 years,
the United States has not been able to resolve the Israel-Arab conflict, which
is the mother of all wars, and terrorism. The Middle East is worse off today than
it was 20 years ago.
After 20 years of
war, the United States now needs a martial plan to rebuild it. President Biden
has asked for $4 trillion in the budget, the question is, where will the 4 trillion
come from? The US budget is in deficit. US trade is in deficit. The United
States have a debt of $23 trillion. Both, the administration, and Congress are
not talking about a $23 trillion debt that how it will be paid? Like President
Trump, President Biden also imposing sanctions on China. And Congress is making
laws against China as if China is not paying America's debts. Treasury Secretary
Janet Yellen says the United States could default on August 1st if Congress
does not raise the debt ceiling and pass a budget. Russia and China are not
strategic enemies of the United States, but the $23 trillion debt and steady
increase in it is a real threat to US national security. Surprisingly, the
administration and Congress are not paying any attention to this very important
issue. The old guards in the administration and in Congress are not concerned about
the trillions of dollars rising debt, because they will not be around, and this
will be not their problem.