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IPFS News Link • China

Will China Use Economic Insecurity to Buy Up Stakes in the US and Europe?

• The Organic Prepper by Daisy Luther

It's no secret that the Western World is dealing with an economic crisis of epic proportions right now due to the COVID-19 pandemic that is believed to have begun in Wuhan, China. Here in the US, businesses and families both are struggling to remain afloat, even as the government doles out trillions of dollars.

Our struggles may be just the opening China needs to advance the Made in China 2025 strategy, an attempt to become the world's superpower in technology, manufacturing, and cybertechnology. Part of their strategy is to buy up Western businesses.

Foreign Policy reports that over the past few years, China has invested billions of dollars in Europe and North America, with most of that money going into mergers and acquisitions as opposed to starting new business ventures themselves.

And now our economic woes may give them the opportunity to snap up more businesses at bargain-basement prices.

This, of course, is a national security issue.

Our vulnerability was made all too clear recently when China threatened suggested on state-run media that they could easily halt the export of medications and medical supplies to the United States as we were on the cusp of dealing with the COVID-19 pandemic.

If China retaliates against the United States at this time, in addition to announcing a travel ban on the United States, it will also announce strategic control over medical products and ban exports to the United States. Then the United States will be caught in the ocean of new crown viruses.

According to the US CDC officials, most masks in the United States are made in China and imported from China. If China bans the export of masks to the United States, the United States will fall into the mask shortage, and the most basic measures to prevent the new crown virus are Can't do it.

Also according to the US CDC officials, most of the drugs in the United States are imported, and some drugs are imported from Europe. However, Europe also places the production base of these drugs in China, so more than 90% of the US imported drugs are Related to China. The implication is that at this time, as long as China announces that its drugs are as domestic as possible and banned exports, the United States will fall into the hell of the new crown pneumonia epidemic. (source)

The jist of the article was that the US, if not the entire world, owed China an apology due to our media coverage of the outbreak in Wuhan and comments made about the outbreak by government officials. In fact, not only did the Chinese government feel the world should apologize to China but that they should thank China because they "made huge sacrifices, paid huge economic costs, and cut off the new crown virus."

We rely heavily on China for not only medical imports but also food, electronics, mechanical parts, and many more essential products. You can see a more thorough list of what we currently import from China here.

Think about how reliant we are on a country with whom we have enmity. Who thought that was a good idea? At least the US has finally begun taking steps to put a halt to the discreet takeover.

 

thelibertyadvisor.com/declare