Since 2021, it has been a long-standing stock-and-trade of the Controlled Opposition's official counter-narrative to accuse the Biden/Harris Junta of collusion with China. Of course, all of this is a marketing angle, basically cut-and-pasted from the Democrats' discredited 'Russia-gate' propaganda. The Republicans have no issues to promote in 2024, so they've adopted the Vox Day-strategy of selling a narrative: i.e. marketing a message with no regard to its truth or utility. Politics in America today is wholly centered on salesmanship and marketing. 'Fake It Till You Make It' is really the credo of both political parties, and describes our cultural zeitgeist in general.
Common Sense would tell anybody outside of the GOP echo-chambers that the Junta's resuscitation of Obama's failed Pivot to Asia is probably not welcomed by China. The Communist Party of China probably dislikes the idea of being bossed around by Wall Street plutocrats and, being a nation of nearly two billion people, is not likely warm to said plutocrats' depopulation agendas. China also appears to be somewhat unhappy with the US building military coalitions to contain China; fomenting separatism in Taiwan, Tibet, Sinkiang, and Hong Kong; seizing Chinese assets like Tik-Tok and Chinese-owned farms; official harassment of Chinese nationals in the US; being scapegoated for the Scamdemic; being subjected to various embargoes; etc. Pointing out these obvious problems with GOP talking-points however brings down righteous wrath from the true believers.
Thus the Controlled Opposition's Media outlets have been downplaying Chinese reaction to Treasury Secretary Janet Yellen's trip to China. Biden dispatched Yellen to Beijing to complain about declining Chinese investment in the United States. The trip apparently has been planned for some time, with China not agreeing to it until recently. Thus far, Yellen has been snubbed by President Xi Jinping but has met with Party functionaries who scolded the Treasury Secretary publicly for abandoning America's Free Market principles in favor of Crony Capitalism.
“It is hoped that the United States will abide by the basic norms of market economy including fair competition and open cooperation, refrain from turning economic and trade issues into political or security issues, and view the issue of production capacity objectively and dialectically from a market-oriented and global perspective,” Premier Li Qiang rather laconically stated after the meeting.
Dr. Jin Canrong of China's Renmin University gave what probably was the most realistic view of the Yellen trip in a statement to the Global Times:
"According to this, we can have a conclusion that the US is asking for something urgent. Washington's national debt problem could be the top of the agenda. Yellen might ask help from China in the field of monetary policy. The Congressional Budget Office warned in its latest projections that US federal government debt is on a path from 97 percent of GDP last year to 116 percent by 2034, which is higher even than in World War II. The actual outlook is likely worse, Bloomberg reported on April 2. CNBC reported on March 1 that the debt load of the US is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days."
Given that the GOP-controlled Congress signed off on the recent Biden Budget Deal, it's hardly surprising that the National Debt is discreetly being ignored by Republican politicians: likely too because many of the holders of said debt are also signing Republican campaign checks. High Finance is aggressively lobbying both parties for a transition to Central Bank Digital Currency after the Election, and would welcome a huge infusion of Chinese cash which they can pocket and leave China holding an empty bag after the transition.
The Chinese apparently aren't taking the bait. Liu Xiang of the Chinese Academy of Social Sciences told the Chinese Media that "this is indecent for a US Secretary of Treasury to blame and contain China's development in advanced areas to protect US' backward productive capacity...the Biden administration should understand that, if they are coming to China to ask for help and cooperation, they need to adjust their arrogant attitude and speak nicely, and don't ask for unfair competition to confront and contain China, who will never submit to pressure based on hegemonic logic."
Xinhua News editorialized that "Talking of fair play in business and trade, America should wean itself off the practice of abusing the national security pretext to elbow aside leading Chinese high-tech and clean energy companies. They attempt to manage US-China relations from a position of strength, aligning everything with its own interests while disregarding the perspectives and concerns of others."
So much for the propaganda about Democrat/China collusion. The fact is that the Financial Oligarchs covet Chinese resources and industry and the same interests fund both American political parties. The Commercial Cartels were delighted when the Bush and Clinton dynasties opened the floodgates for them to outsource American production to China, calculating wrongly that all of their money would give them leverage over the Chinese Government. Instead, Chinese law has prohibited foreign Financial Octopuses like BlackRock from holding shares in Chinese financial firms ever since George Soros attempted to crash the Chinese Yuan a few years ago. There is a strong suspicion in China---not held without good reason---that the Scamdemic was intentionally introduced into China to cripple China's economy.
The Financial Interests behind the Great Reset and its New World Order represent a fair greater threat to America and the World than Chinese economic prosperity does. All of the political propaganda about Chinese or Russian collusion is simply a diversion from the reality that organizations like the World Economic Forum has operatives in both parties, lobby and fund many Federal and State policies, and dominate the US economy for their own benefit.
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