October 20, 2021<\/p>\n\n\n\n
Major retailers and thousands of small businesses face a bleak holiday season without Chinese goods to sell because of the long line up of container ships from China waiting to enter major ports to offload their cargo. <\/p>\n\n\n\n
It seems like Americans have to learn lessons the hard way. During the early stage of the COVID pandemic, there was a serious shortage of masks, ventilators, and other PPE equipment and supplies because we had become dependent on China for these goods. Now, American consumers are experiencing shortages in common consumer products at retail stores, and manufacturers are facing long lead times for components, ICs (chips), and other parts and assemblies. These shortages are projected to get worse before they improve sometime in 2022.<\/p>\n\n\n\n
We have become dependent on goods from China over the past 20 years because American manufacturers outsourced manufacturing to China save money and increase their profits. Then, they set up their own manufacturing facilities in China even though they had to submit to transferring their technology to Chinese partners in order set up their plants.<\/p>\n\n\n\n
American consumers contributed by choosing to buy cheap Made in China goods instead of supporting fellow Americans through \u201cBuying American.\u201d The combination of American consumers choosing to buy \u201cMade in China\u201d goods and China\u2019s mercantilist policy of dumping products at prices below cost destroyed thousands of small American manufacturers. More than 60,000 manufacturers were driven out of business in the past 20 years because of the unfair mercantilist policies of China. This made it more and more difficult for American consumers to find products \u201cMade in USA\u201d to buy. <\/p>\n\n\n\n
As a result, our trade deficit with China<\/a> escalated from $83.8B in the year 2000 to a high of $418.2B in 2018. Out deficit dropped to $344.3B in 2019 and down further to $310.2B in 2020 because of the effect of the Trump Administration\u2019s tariffs on certain goods. Our 2021 trade deficit with China runs at $260B through September, so may exceed 2020.<\/p>\n\n\n\n A November 12, 2019 article<\/a> titled, \u201cChina\u2019s Grand Plan To Take Over The World\u201d in Forbes, by John Mauldin states: \u201cIn The Hundred-Year Marathon<\/em><\/a>, Michael Pillsbury marshals a lot of evidence showing the Chinese government has a detailed strategy to overtake the US as the world\u2019s dominant power. They want to do this by 2049, the centennial of China\u2019s Communist revolution.\u201d<\/p>\n\n\n\n Mauldin comments, \u201cXi\u2019s vision of the Chinese Communist Party controlling the state and eventually influencing and even controlling the rest of the world is clear. These are not merely words for the consumption of the masses. They are instructions to party members.\u201d<\/p>\n\n\n\n He adds, \u201cOver the last 20\u201330 years, we have equipped the Chinese with almost everything they need to match us, technologically and otherwise. Hundreds of billions of Western dollars have been spent developing China and its state-owned businesses.\u201d<\/p>\n\n\n\n A slide show<\/a> titled \u201cChina wants to rule the world in these industries\u201d reveals the following industries China is targeting: \u201c Global logistics and infrastructure, Steel, electric cars, Cobalt mining, rare earth minerals, autonomous vehicles, Artificial Intelligence, Additive manufacturing, Industrial Internet of Things, Advanced Robotics, Cybersecurity, Blockchain, Green energy, smart phones, 6G communications, Semiconductors, Biotech, satellite navigation and digital mapping, Orbital space station construction, Orbital telescope construction, Lunar exploration, Mars exploration, Venus exploration, Jupiter exploration, Asteroid sampling, comet exploration and more.\u201d<\/p>\n\n\n\n Without the transfer of wealth from the U. S. to China, none of this would even be possible. The Chinese Communist Party has used the wealth our manufacturers and consumers sent them to build a military second to none. <\/p>\n\n\n\n It\u2019s bad enough that we transferred production of goods to China, but in the past few years, we have also been allowing Chinese companies and individuals to buy American companies, real estate property and farmland. We didn\u2019t allow the Soviet Union to do this during the Cold War, so why are we allowing China? <\/p>\n\n\n\n In an article<\/a> published October 13, 2021 titled \u201cThe Biden administration lacks a coherent China policy,\u201d Peter Morici states: \u201cPresident Joe Biden has identified China as the pre-eminent international competitive challenge confronting America<\/a>, but his administration appears distracted and lacks a credible policy.\u201d<\/p>\n\n\n\n It\u2019s not enough to recognize China as the major international competitor. We must recognize them as an enemy to our democracy. If we ignore this threat and do nothing about it, we will reap unpleasant if not catastrophic consequences.<\/p>\n\n\n\n In an article<\/a> titled \u201cAmericans vanquished, China triumphant: 2021\u2019s hit war epic doesn\u2019t fit Hollywood script\u201d in The Washington Post of October 16, 2021, Christian Shepherd comments \u201cWar epics showing the victories of the People\u2019s Liberation Army have become increasingly common and studios often work closely with the government and army to ensure that their films fit with the official narrative of events.\u201d<\/p>\n\n\n\n He explains, \u201cThe Battle at Lake Changjin\u201d was commissioned by the propaganda department of the Chinese Communist Party and made with support from the central military commission and local governments in Beijing and the Hebei and Liaoning provinces.\u201d<\/p>\n\n\n\n He cautions, \u201cHowever, unlike films made in the early days of the People\u2019s Republic, the emphasis of recent features is less about aiding North Korea and more about resisting America, a shift in tone that scholars suggest reflects Beijing\u2019s growing focus on national security in its <\/strong>confrontation with Washington<\/strong><\/a>.\u201d<\/strong><\/p>\n\n\n\n The movie was released on September 30th<\/sup> and \u201cbroke $667 million in ticket sales within two weeks, making it already the fourth-highest-grossing film of the year worldwide.\u201d<\/p>\n\n\n\n The success of this movie suggests to me that the Chinese public are just as eager for a rematch with us as their military. Considering that our military leader’s priority is now being woke-compliant, it\u2019s a strong possibility that our military would be defeated with thousands of casualties thanks to the \u201dfree-trade\u201d supporters that sold our government leaders on the “benefits” of transferring our wealth to China in return for cheap goods from China.<\/p>\n\n\n\n I am concerned that China\u2019s saber rattling in the South China Sea is a prelude to the invasion of Taiwan. <\/em>Instead of facing a third-world military like we did in the Korean War, our service members will be facing a technically advanced enemy, who can match us weapon for weapon. What if our causalities reach such an unsustainable point that we are forced to sue for peace? We could be faced with recognizing China’s dominance over the Pacific and giving up Hawaii to China as part of a peace settlement.<\/p>\n\n\n\n It\u2019s time for all Americans to wake up to the danger of continuing our dependence on goods from China. We must decouple our economy from China\u2019s economy, change our trade policies, and rebuild our manufacturing base to the point that we are self-sufficient. There is no simple solution, but I spent several months writing my book, Rebuild Manufacturing \u2013 the key to American Prosperity<\/em>, published in 2017 and available on Amazon<\/a>. My book outlines how to rebuild American manufacturing through reshoring, new trade and tax policies, and workforce training and development. Now, it\u2019s not just time to create prosperity; it\u2019s time to save our national sovereignty and freedom.<\/p>\n","protected":false},"excerpt":{"rendered":" October 20, 2021 Major retailers and thousands of small businesses face a bleak holiday season without Chinese goods to sell because of the long line up of container ships from China waiting to enter major ports to offload their cargo. It seems like Americans have to learn lessons the hard way. 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