China’s economic growth over the past two decades has been spectacular. Since China’s entry into the World Trade Organization (WTO) in 2001, the Chinese economy has grown at an average rate of more than 10%, from a gross domestic product (GDP) of $70 billion in 2001 to more than $7 trillion in 2011, making it the second largest economy in the world, behind only the United States.
By 2014, the Fortune Global 500 included 95 Chinese corporations, five of them in the top 50. In 2000, it had none.
But the origin of this spectacular growth is not to be found in the ‘opening reforms’ supposedly carried out by the Chinese regime, as some ‘experts’ claim, but in parasitic and discriminatory practices that have only benefited the giant state monopolies, sometimes ‘disguised’ as private companies, with which the communist regime in Beijing pursues its objectives of absolute control of the world economy.
For decades, the Chinese Communist Party (CCP) has managed to convince the West that China is on a path to a free market economy with increasing respect for private property.
But what has happened systematically, and with virtually no resistance, is that Chinese corporations have ousted many, many Western companies from the market, stealing intellectual property and blocking equal access to the desired Chinese market.
Meanwhile it has shamelessly subsidised its companies and kept its national currency artificially low. This, coupled with a cheap, and in many cases slave, labour force, has managed to keep costs ridiculously low, allowing them to sell at prices that no Western company can possibly compete with.
And all this has happened amidst applause from the most prestigious magazines and experts who have been highlighting the miraculous ‘capitalism with Chinese characteristics’ of the Asian giant for years, assuring that this would inevitably lead to a democracy similar to those of the West.
“Communist China has never accepted the notion of comparative advantage, which underpins the world trade system. Yes, the Chinese mercantilists believe that we should buy their products, but they, the masters of non-tariff barriers and other forms of depredation, have worked hard to keep foreign products out of their market,” explains Gordon Chang , lawyer and Chinese-American specialist in an article published in the Gaston Institute.
Defenders of the Chinese system claim that every state has the right to pursue its economic prosperity and that if China’s trade cunning is working, it is because they are hardworking and disciplined.
However, there are several considerations here:
- Beijing does not respect the rules of the trade game and systematically violates all the limits that the WTO imposes on its members, thus playing to its clear advantage.
- If the intentions of Chinese society were purely one of prosperity, there would be nothing to criticise. However, we are not talking about a society in search of prosperity, but about an authoritarian regime that exploits its people in order to extend its political authoritarianism throughout the world. Prosperity is not an end, it is a means to achieve total control and repression of all freedoms worldwide.
- The CCP’s mafia practices have bought off Western elites who applaud while their parasitic system ruins host states economically.
Dr. Julián Pavón, PhD in Industrial Engineering, with a degree in Economics and Social Sciences, warned in his book China: Dragon or Parasite? of the parasitic nature of the CCP’s relationship with the West.
According to Dr. Pavón, the CCP has been invading Europe, America, Africa and Asia for decades with millions of Chinese people creating companies where Chinese nationals sell Chinese products and whose profits are sent almost entirely to China through Chinese banks.
Not only do they destroy the commercial and productive fabric of the recipient countries, but they do not generate any wealth locally, not even employment.
The Spanish expert also explains how the strategy of the CCP to buy public debt from the United States and other states during the years following the economic recession of 2008 created a dependency that assured the Chinese regime of the silence of Western powers to the serious human rights violations it was committing against its own people.
As Hillary Clinton once said, “We cannot criticize our banker.
This is what retired Air Force Brigadier General Robert Spalding says in his book The Stealth War:
“The truth is that China is cheating and US business and political leaders, fuelled by greed, propaganda and fear, are not denouncing it.
Thus, the economic power of the People’s Republic of China, financed from the West with technology and investment at the cost of destroying its own jobs and wealth, is becoming one of the most powerful tools that the CCP plans to use to subdue the whole world.
In other words, the West, or rather its elites, are financing the destruction of our world.
