As the 2020 campaign approaches, the far left of the Democrat party is trying to prepare the ground for a victory against their vision of the embodiment of all evil, President Trump. Since Trump has challenged China on its predatory trade practices and its theft of American intellectual property with what appears likely to be great success, the left is trying to change that narrative. China, or so the new left wing line goes, isn't really a predatory trader or a thief of our ideas, but rather is a victim of increasing and poorly founded hysteria in America. Just today, Peter Beinart writes a piece in The Atlantic entitled "China Isn't Cheating On Trade." Beinart says that China uses policies just like any developing country and that it treats American intellectual property much better than most other countries. It's an amazing article since it tries to rewrite the actual facts and convert them into some sort of alternate reality.
Let's start at the beginning. The Chinese steal the secrets and the intellectual property of American companies. There are countless examples of such theft. Chinese government organizations hack the computer systems of American companies on a regular basis and the main thing stolen are industrial secrets. Don't believe me, then believe the reports from the FBI issued both under Obama and Trump.
China also forces US technology companies to form joint ventures with Chinese firms if they want to do business in the Chinese market. Those joint ventures require the US firm to turn over its intellectual property to the Chinese partner. At that point, the secrets are lost.
And China has for a long time manipulated its currency to give its companies a major advantage in world markets. That's about the biggest method for unfair trade there is. And this is not my conclusion. It's the conclusion of essentially every trade group that has looked at the subject.
So why is Beinart making such faulty arguments? The answer is clear. He wants to enable the Democrats to argue that Trump's focus on trade with China is baseless bullying that hurts America. It wouldn't be true, and were that idea to gain credibility, it would actually hurt the future prospects for American success, but it would help the Dems defeat Trump. It seems that politics triumphs over truth, reality and success for America for the Dems.
Let's start at the beginning. The Chinese steal the secrets and the intellectual property of American companies. There are countless examples of such theft. Chinese government organizations hack the computer systems of American companies on a regular basis and the main thing stolen are industrial secrets. Don't believe me, then believe the reports from the FBI issued both under Obama and Trump.
China also forces US technology companies to form joint ventures with Chinese firms if they want to do business in the Chinese market. Those joint ventures require the US firm to turn over its intellectual property to the Chinese partner. At that point, the secrets are lost.
And China has for a long time manipulated its currency to give its companies a major advantage in world markets. That's about the biggest method for unfair trade there is. And this is not my conclusion. It's the conclusion of essentially every trade group that has looked at the subject.
So why is Beinart making such faulty arguments? The answer is clear. He wants to enable the Democrats to argue that Trump's focus on trade with China is baseless bullying that hurts America. It wouldn't be true, and were that idea to gain credibility, it would actually hurt the future prospects for American success, but it would help the Dems defeat Trump. It seems that politics triumphs over truth, reality and success for America for the Dems.
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