'Global supply chains are shifting—and will continue to do so—as the U.S. and its free-world allies stop ignoring the differences between true democracy and authoritarian-dictatorship rule.''
China’s Vision of Victory (the title of Jonathan’s excellent book) is not a vision of a free world. It is of a world under authoritarian rule. Jonathan’s done an excellent job at getting his message out.
U.S. Secretary of State Mike Pompeo said China’s communist policies are incompatible with U.S. democracy. “We accommodated and encouraged China’s rise for decades—even at the expense of American values, and security, and good sense. We did everything we could to accommodate China’s rise, in the hope that Communist China would become more free, market-driven, and ultimately, hopefully, more democratic,” Pompeo stated. “It is no longer realistic to ignore the fundamental differences between our two systems.”
Bottom line: While optimistic China trade tweets fill the ether, there will be no deal of substance. Global supply chains are shifting—and will continue to do so—as the U.S. and its free-world allies stop ignoring the differences between true democracy and authoritarian-dictatorship rule. It takes time for businesses to move away from a revenue stream and it takes time to reroute supply chains. Add this to the slowing global growth pressures.'
- Steve Blumenthal,
We Will Burn the Debt, November 1, 2019
ContextFar too many American multinational corporations have kowtowed to the lure of China’s money and markets by muzzling not only criticism of the Chinese Communist Party, but even affirmative expressions of American values.' - Pence(The Chinese Communist Party is a threat) - ' “Made in China 2025” .. “Civil Military Fusion” .. Xi Jinping speaks regularly of “preparing to fight and win wars.” From Europe to the Middle East, from the Indian Ocean to the Pacific..'The Broken Promises of China's WTO Accession: Reprioritizing Human Rights