China's Massive Trade Imbalance: The Rope with Which They Would Hang Us
Beijing's use of COVID-19 could help them achieve global dominance
by Lawrence Kadish
May 7, 2020 at 4:00 pm
China's communist leadership quickly recognized that if the U.S. continued to demand economic reciprocity, China could easily lose its ability to claim solo superpower status for the remaining decades of the 21st Century.
China found an "accidental" biological and economic weapon that has the potential to achieve their singular strategic goal: removing a strong and powerful international competitor, the United States.
As Vladimir Lenin, the father of the Soviet state, is reported mockingly to have said, "The capitalists will sell us the rope with which we will hang them." China's leaders have long believed that America's unsustainable trade imbalance with China is that rope. Add the global pandemic crisis introduced by China and Beijing sees victory without an artillery shell being fired.
https://www.gatestoneinstitute.org/15996/china-trade-imbalance
