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  • 2019.11.11 Monday
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  • by スポンサードリンク

一定期間更新がないため広告を表示しています


Clinton’s Blunder, Trump’s Remedy

 

 President Donald Trump has been criticized not only in the U.S. but also globally. However, if you read “Crouching TigerWhat China’s Militarism Means for the World” written by Peter Navarro, you will understand his trade policy, at least toward China.  

                                                           

 Although former President Bill Clinton did help bring the U.S. out of recessions and spurred the American economy in the short term, in reality, he is to blame for having devastated the U.S. in the long term, and fostered the Chinese regime to become a military threat to Asia.  

                                                           

 Then-President Clinton helped nominate China to become a full member of the World Trade Organization (WTO) in 2001, giving up the U.S.’s leverage of “most favored nation trade status”. And, during 2002, China’s trade increased by 22%. China’s economic development itself was very good, especially for Chinese citizens. And, China has grown into a significant economy, which has helped fuel the global economy at large.  

                                                           

 However, Clinton’s supporters started to relocate their production to China. As a result, as many as 70,000 factories were closed in the U.S. The number of unemployed and underemployed workers numbered more than 25 million. The U.S.’s trade deficit surged to yearly 300 billion dollars.  

                                                           

 At first, the world expected China to follow global rules, and that more prosperous China would develop into a peaceful democratic nation. As you can see now, it was an illusion. On the contrary, China developed into a military menace with economic power.  

                                                           

 Boeing, Caterpillar, General Electric, General Motors, etc. offered dual-use technologies to China in exchange for business licenses in China. Such technologies were diverted to improve the Chinese military. French, British and German corporations also exported military products to China under the guise of commercial use. Now, Chinese submarines and frigates are equipped with German diesel engines.  

                                                           

 In the 1990s during the Clinton administration, China stole American missile secrets. China already has intercontinental ballistic missiles (ICBMs) that can reach the U.S. Lenin said, “The Capitalists will sell us the rope which we will hang them.”  

                                                           

 The Japanese government is also to blame for its Official Development Assistance (ODA) of 3.655 trillion yen (about 33 billion USD) to China since 1979. Such generous assistance must have contributed to China’s military expansion. 

                                                           

 Peter Navarro insists on decreasing dependence on Chinese products in order to decelerate China’s military expansion. Meanwhile, the U.S. and its allies can revive economic growth and increase their relative power.  

                                                           

 The most important alliance is the one between the U.S. and Japan. Therefore, President Trump heartily welcomed Japanese Prime Minister Shinzo Abe. And, the Abe Cabinet steadily takes steps to strengthen the U.S.-Japan alliance, such as establishing a system to detain suspected terrorists before they have an opportunity to carry out an attack. 

                                                           

 I hope that the Trump-Abe alliance will deter China from encroaching into the East and South China Seas, and guarantee the free navigation there.  

 


スポンサーサイト

  • 2019.11.11 Monday
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  • 15:24
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  • by スポンサードリンク

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