Steven Mosher on Trade Deficit: China ‘Might as Well Have Carpet Bombed the American Heartland’ 435

Steven Mosher on Trade Deficit: China ‘Might as Well Have Carpet Bombed the American Heartland’, by Robert Kraychik.

Richard Nixon had “created a monster” by opening America and the West to China, said bestselling author and Asia expert Steven Mosher in a Wednesday interview …

“I think allowing China into the World Trade Organization must rank as one of the greatest strategic blunders made by any great power in human history,” said Mosher, framing the 37th president’s policy towards China as sowing the seeds of a rival state’s geopolitical ascendance.

Mosher, the author of “Bully of Asia: Why China’s Dream is the New Threat to World Order,” explained that the Chinese state does not operate in good faith in trade arrangements.

“[China] had no intention of playing by the rules,” said Mosher. “The Chinese communist party thinks that rules are for fools and that political power grows out of the barrel of a gun. It’s basically a matter of our power politics. They pretended to be a weak developing country in order to get favorable terms in the World Trade Organization, and when they joined, they broke all the rules and have been behaving in a predatory fashion ever since.”

Chinese theft of intellectual property amounts to $600 billion per year in value, said Mosher: “Everyone is getting sick of the fact that China cheats, that China signs agreements only to violate them, that China steals $600 billion — according to the FBI — in intellectual property every year.” …

“By stealing technology and so forth, they might as well have carpet bombed the industrial heartland of America into rubble. The end result has been the same. You need a defense industrial base. You need hard industry. There are only four countries that really make things, in any number and that is the united States, Japan, Germany, and China. We need to make things. Manufacturing is still the basis of a strong economy. How would we be able to be the arsenal of democracy if we allow our steel factories to be shuttered by Chinese steel dumping on our markets?” …

Mosher is the president of the Population Research Institute and an internationally acclaimed expert on China. In 1979, he was the first American social scientist to visit and conduct research in mainland China, where he he witnessed firsthand the communist regime’s human rights violations vis-à-vis the forced abortions under their “one-child policy.”

hat-tip Charles