International Finance’s Anti-China Crusade

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ERIC STRIKER • APRIL 6, 2020

There is a strong anti-China current being promoted in right-wing circles and some neo-liberal ones in light of the coronavirus epidemic.

These forces are seeking to redirect real criticisms of globalization – deindustrialization, stolen intellectual property, and trade deficits – and utilize them for support for regime change operations and possibly even war against China for the financial self-interest of a few American oligarchs. It’s similar to how anti-immigration sentiment was swerved into concerns about Islam’s illiberalism in hopes of advancing Israeli interests in Europe and promoting neo-conservative wars in America.

While the Trump government’s tariffs are a welcome policy in the national interest, it also refuses to fix any of the domestic problems that allow for China to always win due to the plutocratic stranglehold American capitalists have on the US government.

The US elite is divided on China. On the one hand, there is a steadily weakening wing that seeks to continue America’s relationship with the Asian superpower in hopes of keeping a foot in the door and gradually liberalizing it.

On the other side of the debate, there are figures like George Soros, Peter Thiel, and disgraced and exiled billionaire criminal Guo Wengui who see the Chinese pseudo-National Socialist system as antifragile in the face of the passive liberal subversion that helped take down the Soviet Union.

Neither Soros, Thiel, Trump or Wengui are interested in combating globalization, but only in destroying what they perceive to be a barrier to it. For Soros, he shrouds his personal financial interest thwarted by the Chinese state in the language of “human rights” familiar to the liberal-left. Thiel has tapped a number of “alt” right-wing personalities and phony populists to try and construct a civilizational and even implicitly racial clash narrative to support his business interests in India and America. Wengui’s weapon has been Steve Bannon, who has been making his appeal to whoever will have him as a neo-con jingo, reviving silly language about “liberating” the Chinese people even though we Americans have no freedom ourselves.

Anti-China? Yes. Pro-America? No.

It’s easy to mistake the discourse of China hawks for sincere patriotism. While Donald Trump ran on a platform of bringing American industry home, the Trump administration’s actual policies in recent years have not achieved this.

The Chinese government’s international message, that its nationalistic command economy provides for superior development in comparison to liberal-capitalism, appears self-evidently true. This is a problem for American plutocracy, which tells its own citizens and those of other nations that in fact free trade and liberalization are the path to prosperity.

Rather than copying what works for the Chinese economic model (nationalizing industry, strong regulations against foreign influence, etc), American capital and the Trump administration have worked to win over Indian Prime Minister Narendra Modi, who is an advocate for mass privatization, weakening the state, and deregulation, a strategy the phony nationalist refers to as “minimum government, maximum governance.”

In Asia, economic prosperity and stable growth is more compelling than military power, and America’s elites have begun making overtures towards India in hopes of creating a counter-weight to China.

Last year, the US-India Strategic and Partnership Forum announced that 200 American manufacturers were interested in moving their supply chains from China to India, not America. The big barrier appears to be India’s low quality infrastructure and the lack of an existing free trade agreement with the US.

According to reports in Hindu press from two months ago, the Trump administration has gone into talks with the Modi government to develop a new free trade agreement that will produce $500 billion in trade between the US and India. When all these pieces are put together, the end-result will be that the US’ economically disastrous trade deficit with China will simply be shifted to benefit India.

India’s Modi is eager to turn India into a full-blown satellite of the United States. The mass privatization of the country after the fall of the Soviet Union has not significantly bettered the average Indians life and his nation is unstable and dysfunctional. The Belt and Road Initiative threatens to spread the Chinese Corporatist development model all around nations Indian oligarchs see as being rivals or subjects: Pakistan, Myanmar, Bangladesh, Nepal, etc.

The Belt and Road Initiative is also an existential threat to international Jewish finance. Nations across Asia, Africa, Russia and Europe have signed on or expressed interest in the BRI due to its exclusive focus on real assets and Keynesian infrastructuve-led growth, as opposed to neo-liberal models that impose the primacy of financial “assets” and selling off your country to international corporations.

India has refused to join the BRI, but the nations around it are all on board. If successful, the Belt and Road Initiative will create a counter-weight to Manhattan high-finance, and thus a potential economic partner for nations uncomfortable with the cosmopolitan, hedonistic Jewish values Washington demands its subjects take up in the name of “democracy.”

Donald Trump is trying to curtail the potential liberation of these nation’s from Wall Streets cultural and economic influence by creating the Blue Dot Network, or U.S. Free and Open Indo-Pacific Strategy (FOIP), which so far only has Australia, Japan, India and America as signatories.

Safe to say, this pact will require more foreign aid and trade deficits, and nothing that will financially benefit the people of America. A national industrial policy that looks to overturn neo-liberal reforms that have turned our economy into an overfinancialized basket case is the medicine we need. Instead, we are being drafted to fight a war to save an increasingly dysfunctional and discredited economic model that benefits only a few.

George Soros: The Open Society Against China

The international Jew George Soros has made much of his fortune collapsing the Bank of England and causing the Asian financial crisis. Most Western countries fear him due to his economic power, which he uses passively through speculative attacks or directly when he finances private coups against governments that defy him, known as “color revolutions.”

China, one of the only states in the world strong enough to put billionaire criminals to death, directly threatened George Soros with harsh legal repercussions when he saw the Chinese economy was flagging and began attacking the renminbi and Hong Kong dollar. According to the South China Morning Post, he was “sent packing.”Previous inroads were attempted by Soros’ Open Society Foundation, which helped organize the 1989 Tiananmen Square protests, but was heavily infiltrated by Chinese agents and driven out of the country in its aftermath.

For Soros, the Open Society (inspired by writings by the Jewish globalist Karl Popper) is an important tool for international finance to deploy in order to control nations around the world. Soros’ global octopus of “foundations” promote racial incoherence, cosmopolitanism, immigration, homosexuality, feminism and other values that undermine social order and weaken national sovereignty or ethnic majorities so that they become vulnerable to his aggressive financial moves. Any collective identity, to Soros, is a threat to the liberal-Jewish outlook, and thus its hegemony.

Ever since China knocked Soros back, he has been active in trying to undermine its interests all over the world.

At the 2019 Davos conference, Soros pegged China as the “most dangerous opponent to the open society.”

Last February, Soros wrote an op-ed demanding European governments boycott a summit scheduled for this September with Chinese leader Xi Jinping. In it, the notorious Trump-hater praised the administration’s aggressive posture towards China, and warned European nations that China’s anti-liberal values were a threat to the European Unions “open society” ideology. Nations Soros has targeted, like Poland, have shown interest in the Belt and Road Initiative, and the United Kingdom has expressed its intentions to deepen ties with China to make up for the potential loss in export markets in Europe after Brexit.

Steve Bannon and Soros are unlikely allies, but they supported the astroturfed Hong Kong protests as average Americans yawned. China has also made “global cooperation” in sanctioning and destroying Russia, Iran or other perceived enemies of liberalism impossible. Maximum pressure sanctions intended to starve the Iranian people into submission have been thwarted by Chinese investment and aid. In Venezuela, when the CIA sabotaged the country’s power grids in an attempted overthrow of Nicolas Maduro, the Chinese immediately offered to fix it.

China and Russia’s non-compliance with directives from Washington and New York have by and large brought an end to “regime-change” as default foreign policy – setting back Soros’ dream of a raceless, borderless new world order significantly. The Chinese-Russian alliance has largely neutralized America’s military dominance in the Asia-Pacific, and new blocs of different levels of resistance have become emboldened (Wisegrad Group, anti-Zionist blocs in the Middle East, etc).

This is an opportunity to charter a new foreign policy path where we capitalize on our safe geostrategic position and mind our own business or focus on developing our own country, but Washington and the Jewish goons like Soros simply cannot accept it.

Steve Bannon: “Populist” For Hire

Another figure engaging in hamfisted agitation against China is Steve Bannon, a once-interesting civic nationalist who was dismissed from the White House by Trump and Jared Kushner and now appears to be a full time special interest lobbyist.

Bannon’s anti-China crusade is financed by exiled Chinese white collar criminal Guo Wengui, who in 2014 fled to America after he was discovered to be engaging with bribery and fraud, as well as rape and kidnapping. Wengui fell afoul of the Chinese Communist Party after Xi Jinping began an anti-corruption campaign in 2012.

Initially, Donald Trump announced he would deport the billionaire fugitive back to China, but changed his mind last minute. Now Wengui has been busy using his wealth to try and mobilize professional conservatives in Washington to create popular and political interest in the overthrow of the Chinese government.

Recently, Bannon has attempted to make overtures to the anti-woke left, which is hungry for alternatives to left-liberalism. On the Red Scare podcast, Bannon blew his chance at bridging right-wing and left-wing populists by focusing almost exclusively on promoting neo-conservative talking points about “freeing the Chinese people” and spreading unfounded conspiracy theories like the idea that the coronavirus is a genetically engineered Chinese bioweapon. The latter theory was invented by a Wengui funded propaganda outfit, G News.

When asked about healthcare, Bannon refused to support a national health system for all, even though most GOP voters like the idea. After Bannon called ethno-nationalists and white nationalists “clowns,” one of the hosts of the podcast asked why he supports Israel, to which he responded with desperate and logic-free Jewish bootlicking.

When Bannon attempted to pivot back to how oppressed Chinese people are, another host questioned why Americans oppressed just as harshly by our own plutocracy should give a shit, leaving with nothing but platitudes about a liberal utopia that doesn’t exist.

Some of Bannon’s rhetoric about China’s impact on America’s economy is true. But Bannon’s ties suggest he may be merely advancing the shift from dependence on China to dependence on Indian supply-chains, which is even more absurd as India’s infrastructure is awful.

Evidence suggesting this is Bannon’s role as the co-chair of the “Republican-Hindu Coalition,” an advocacy group close to the Modi government.

Naturally, Bannon’s Hindu coalition supports Trump’s call for a “merit-based” immigration system that would be the H1-B program on steroids and would grant current H1-B holders citizenship. This program would be seen as a massive betrayal by Trump’s base and impoverish America’s tech workers as unemployment explodes, so it is unlikely to be put into effect until after the 2020 election.

This is shaping up into a cynical strategy to replace China with India as the new trade deficit recipient, rather than bringing our industries home where they belong. Both Trump and Bannon are desperate to use bait-and-switch tactics to redirect anger at the failures of globalization into simplistic and impotent anti-Chinese chauvinism in order to advance the business interests and lobbies that support them, but don’t put America first.

Peter Thiel: The Alt-Billionaire Who Has Been Locked Out of China

Peter Thiel is by far the most influential in trying to mobilize dissidents and conscript them into the China crusade.

He is close to figures like the Zionist Yoram Hazony, Mencius Moldbug, Eric Weinstein (who manages Thiel’s investment firm, Thiel Capital), Bannon, China hawk and fake populist Josh Hawley (who received $500,000 from Thiel) and Donald Trump himself.

At the Israeli Hazony’s 2019 “National Conservatism” gathering, where a liberal form of phony nationalism was presented as an alternative to ethno-nationalism (in white countries, not Israel), Thiel gave a speech attacking Silicon Valley for its work with the Chinese government. Thiel is correct in this specific instance, but why is Google privately owned instead of state-owned like Huawei is? His only solution is to investigate the company for Chinese spies.

Thiel, who now fashions himself as an “American Nationalist” and is known to have had contact with a few “alt-right” figures currently trying to advance anti-China talking points, has shady ties with foreign governments that gratuitously spy on the United States. His patriotism comes into question when one looks at his investment in Carbyne, an Israeli spying firm believed to be controlled by the IDF’s Unit 8200. Thiel,along with Jeffrey Epstein and Erik Prince, were all involved in the shady project.

“Former” officials from Unit 8200 are strongly represented among CEOs of Silicon Valley companies. The Israeli’s insolent and aggressive spying on the United States was seen recently in a quickly memory holed story, where in 2019 devices were planted by Israeli intelligence to spy on the private phone conversations of Donald Trump and other prominent people in Washington. Shockingly, the US refused to respond or address the scandal.

Thiel’s specific animosity towards China is both ideological and a question of financial self-interest. While in the past he has carefully praised China, he has also made predictions that have not come true.

As the Soviet Union teetered on collapse, Milton Friedman asserted that China must fully liberalize or fall besides the Russians. While the Chinese did promote policies to encourage private initiative in some spheres, it ultimately doubled down on its planned economy when it came to the big picture. When Trump complains that it is “unfair” for the Chinese state to control the value of its currency, the Chinese ignore him, as they know that for now the US government is not strong enough to do what it takes to rein in the selfish American capitalists China plays.

The rise of artificial intelligence has created the potential to plug the holes of traditional centrally planned economies, something libertarians like Thiel are not fond of (note that his complaint about Google and China was over an AI program they were working on). It isn’t only workers who can be replaced by automation and AI, but private economic planners, aka capitalists.

Thiel’s predictions in Zero to One about China, like resource prices making them incapable of reaching Western standards of living, have not come true. The median monthly wage of Chinese workers in its major cities is currently on par with European countries like Croatia, and unlike the stagnating West, they seemed to have the wind in their sails until the pandemic hit.

Thiel has complained on multiple occasions about the many barriers the Chinese government puts in the way of foreign investors, which is common sense for any country interested in defending its sovereignty. This has made Thiel’s chess-inspired, counter-intuitive investment strategies difficult, and it is making him upset that the Chinese government is not allowing outside capitalist interests to fully partake in its growing prosperity.

It seems to have recently dawned on libertarians and neo-liberals, that after decades of denial, China remains a nationalist and socialist country and has only been using the prospect of accessing its massive market to cock-tease Western capital into providing the initial push it needed to rise. The worldviews of shot-callers like Soros and Thiel are going to be challenged if ascendent China surpasses declining America in quality of life.

On the economic front, like Bannon, Thiel appears to have an interest in pushing America closer to India. The ridiculous “Howdy Modi” spectacle, where Trump and Modi met, was sponsored by both Walmart -eager to enter the Indian market – and OYO Homes & Hotels – an Indian start-up Thiel personally funds and supports.

On the 5G front, the Trump government appeared to be doubling down on a “free market” alternative to Huawei, but this has been fruitless. Thiel’s company, Rivada, is looking to try and enrich itself with an idea to fight the potential for “Chinese espionage” via a Department of Defense selloff that would give it “open access” to its airwaves, but historically privatization schemes like this have consistently failed.

Trump appears to contradict himself and his spokesmen. Trump is now planning to campaign on nationalizing 5G, which is the true patriotic option.

All in all, it is important to make a distinction between an accurate diagnosis of the symptoms arising from our relationship with China, and the actual problem. Moving factories from China to Vietnam, India or Taiwan will leave the American people just as poor and jobless. Wasting energy following conservatives in their idiotic crusade to change how Chinese people live in China will provide no benefit to the white worker. American liberalism is collapsing because it is an unnatural and dysfunctional system.

The real conversation should be focused on the legitimacy of money power that rules us, and whether it benefits us. The answer is that it doesn’t, which is why they would like your eyes on China, rather than them.(Republished from National Justice by permission of author or representative)