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The Chinese Are Buying America
I don't know, but in the back of the recesses of my mind, the Chinese buying so much of America is like a bad science fiction movie- eerie. Its not all bad but overall, when you look at it from strategic heights, there is apprehension how willing American assets are being sold to them. It was in 1917 or so, when the Russian communist leader stated that because of the West's greed, Russia would be able to buy and conquer the West.
The Chinese know all too well about the Russian revolution and the studied Lenin, its founding father. Mao's teachings have never left the current ruling party. They look nice and western now, and there is some market economy there, but Lenin's principles still dictate much of the Chinese government still.
Today, China has invested $26 billion in America, buying various mineral assets and food resources. They are in the background, so you would not know it yet they obtain our technology and techniques to improve their own back in China. Exports to China for agricultural products are $23 billion or 25% of America's exports go to China. Chicken shipped there have to pay large duty taxes and US beef is banned. Because of China's dangerous food supply, the US has strict measures when importing meat, fish and chicken.
While America allows China to buy or invest in American resources, China prevents American companies many times for doing the same over there. If they do, the Chinese have strict laws allowing them to obtain our technology and tools. They are clearly learning from us and improving it.
The recent cyber attacks on America's weapons program and the companies that make them is worrisome. They have stolen many parts of secret technology plans for our advanced weapon systems to build their own. They are playing a "polite" bully in the South China Sea so far with the Philippines. Both countries claim the right to the large oil and gas undersea zones and it will be only a matter of time until China acts more aggressively.
Do they have a long range plan that America is naive about? Even though Russia failed to conquer the world through military force, do the Chinese government feel they can using the two prong approach Lenin spoke of in 1917- that is, control through economic ties and use of military force. They seem to be doing both more and more. China is like a massive entity that is simply building its stature and strength, so it is cordial and friendly now. But, what happens when they reach their pinnacle? The world only has finite resources and China is billions of people with the largest military.
It is not only America they are buying, they are focused on South America and Africa as well for resource exploitation. Last year, the Chinese spent $12 billion in buying American companies or a controlling interest in them in 49 deals.
Now, China wants to buy one of America's largest food source, Smithfield, which processes pork for $4.7 billion. China wants it to learn how to process pork safely and all the technology behind it. Recently, 16,000 pigs were dead floating in Shanghai's water supply and authorities have no clue what killed them.
That is scary. Smithfield is one of four US companies that produce 75% of American pork. if the deal goes through, China would want more pork from the US that could cause supply issues here. Currently, the company ships 25% of it there. The Chinese firm making the offer is one of China's largest and slaughters 15 million pigs annually. The owner is a member of the Communist party, although there is capitalist blood there as well.
China consumes huge amounts of pork, some 54 million metric tons, while the US only 9 million metric tons per year. Maybe this deal is harmless, maybe not, but America should not always willing to be "milked" in order to make a profit.
Lenin once said, "We will milk the West and conquer them". China just may do this.