China’s dream was always been
to be declared as he most powerful country in the planet.
China product has dominated almost
nearly a third of the world’s manufactured goods.
It was practically on its way,
and then the novel coronavirus 2019 disease made the difference. Over the
weekend, Chinese officials said their country’s economy shrank by 6.8 percent from January to March 2020, compared with one year ago.
US President Donald Trump. UK Prime Minister Boris Johnson and Chinese Xi Jinping (photo credit to owner) |
In a New York Post article,
dated April 18,titled “With China’s economy on life
support, it’s time to turn off the ventilator”
it basically puts a blame on China for this pandemic.
The “China Dream” of dictator
Xi Jinping is now on life support, in grave danger of succumbing to the same
novel coronavirus that he and his fellow communists allegedly have unleashed
upon the world.
Reports said British Prime
Minister Boris Johnson is furious with the Asian giant as the virus almost killed
him. And just imagine the other European countries which have its own opinion
regarding their respective experiences with the virus plus they have bad experiences
with the imports from China which are seems to be substandard.
For the complete understanding,
clarity and understanding, we have fully quoted said article below:
China has long dreamed of being the dominant power on the
planet. Until recently, it seemed well on the way to succeeding, with the stamp
“Made in China” appearing on nearly a third of the world’s manufactured goods.
What a difference a
pandemic makes.
On Friday, Chinese
officials said their country’s economy shrank by 6.8 percent from
January to March 2020, compared with one year ago.
The “China Dream” of
dictator Xi Jinping is now on life support, in grave danger of succumbing to
the same novel coronavirus that he and his fellow communists have unleashed
upon the world.
I say we turn off
the ventilator.
This sentiment seems
to be even more infectious than the disease itself. A Harris poll released on
April 6 found that 77 percent of the US population believes
China is to blame for the pandemic. Before this thing has run its course, most
of the world’s seven-plus billion people will likely agree as well.
It was just three
years ago that Xi made a triumphal entry into Davos, celebrated as the new
champion of free trade by Europeans leery of Trump’s America First policies.
Today, it is hard to
imagine an invitation to Davos — or an invitation to anywhere, frankly — being
extended to the Chinese dictator, whose campaign of silencing and intimidating
medical whistleblowers allowed the virus to flourish and eventually spread
across the world.
British Prime
Minister Boris Johnson is said to be furious with China as he recovers from the
coronavirus, which nearly killed him earlier this month. Not only may he shut out China’s
state-controlled electronic firm, Huawei, from the UK’s 5G networks for good,
he has promised that there will be other consequences for China’s failure to
share accurate and timely data on the deadly virus.
How well-disposed do
you think the leaders of Spain, Turkey, the Netherlands, Australia and the
Czech Republic are toward China at the moment? All of those countries have been
on the receiving end of defective PPE and
test kits, Chinese medical supplies that
failed to contain the virus.
Even an official in Iran, China’s closest ally in the Middle
East, has bitterly
complained about the Chinese lies that cost the lives of
thousands of his fellow citizens.
The epidemic has also
revealed our dangerous dependence on China for many of our most common drugs
and medical supplies. You might think that no country would ever threaten to
withhold life-saving medications in the midst of a global pandemic. But,
shockingly, China already has.
We have no choice but to add such things as penicillin and PPE to the list of
products that, like steel and silicon chips, we must be able to manufacture
here.
The big question is
whether major American companies — say, Apple — will begin to move production
out of China in the wake of this pandemic. Left to their own devices, they probably
wouldn’t. It would mean sacrificing their bottom line for intangibles such as
US national security and economic independence.
But governments are
already intervening to make sure their companies do act in the
national interest. Japan’s government has just announced that it will start
paying its companies to relocate out of China. Other countries, including our
own, will doubtless follow suit. Then there are Trump’s tariffs, which will
kick back in if China likely fails to keep its promise to buy $250 billion in
American-made products before the end of 2021.
In
the next year, the Chinese economy will suffer a death by a thousand cuts: a
resumption of the Trump tariffs, supply chains relocating to other countries,
factories moving to freer climes, consumers around the world rejecting China’s
wares.
No
single cut will be fatal. But taken together, they will bleed China’s economy
dry. They may also, it is to be hoped, shake the corrupt and incompetent
Chinese Communist Party to its very foundations.
For
the sake of our economic well-being and national security, America has long
needed a “hard decoupling” from China.
Ending
this interdependence requires considerable economic sacrifice on our part, but
there is much more to the “China price” than the upfront cost. Factor in the
trillions of dollars of damage to the global economy because of the “Made in
China” pandemic, and the cost is simply too much to bear.
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