China In The 21st Century
China In The 21st Century – China and the US are embroiled in a race that, in some ways, is already beginning to define the 21st century.
Century. The CCP sees liberal democracy and its core values of freedom, free enterprise, and the rule of law underpinned by a democratic state as threats to its rise. China is focused on competing with the United States militarily, geopolitically and economically. The “One Belt, One Road” initiative aims to expand China’s influence, increase the dependence of the world economy on China, and promote the use of cross-border military force.
China In The 21st Century
China has also undermined Hong Kong’s democratic institutions, deployed illegal surveillance tools, and been implicated in widespread human rights abuses, including the massacre of Uyghur Muslims and the persecution of Tibetans and Christians.
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President Xi Jinping has said his vision is for a modern People’s Liberation Army that can wield power far from China’s coast. It is exploring options to build military bases around the world, build up its nuclear arsenal, and develop advanced weapons systems that could deny other nations access to its high seas and airspace. He plans to continue the innovation program, focusing on key military technologies such as space weapons and hypersonic weapons. Some experts have expressed concern that China is already challenging U.S. forces in the Indo-Pacific, jeopardizing America’s ability to protect its allies in the region from Chinese violence.
China uses military power to control territorial claims in the South and East China Seas, threatening neighboring countries such as Taiwan, Japan, the Philippines and Vietnam. Increased activity in the Taiwan Strait could escalate into military conflict and possibly lead to an invasion of Taiwan. China also uses its military and fishing vessels across the region to threaten the territorial waters of neighboring countries such as the Philippines and Vietnam.
“In the next conflict, U.S. forces could suffer heavy casualties and lose critical capital assets. Wars with China and Russia may be hard to win, even hard to lose.” – National Commission on Defense Strategy
President Biden’s $715 billion budget request is expected to be cut in light of inflation. That’s a far cry from the 3-5% real annual growth rate recommended by the Defense Strategy Board to adequately fund the military. Senate Republicans like Senate Judiciary Committee Jim Inhove have expressed concern that cuts to the defense budget are sending the wrong signal. By contrast, some Congressional Democrats appear to think national security is not a priority, calling for significant cuts in the overall defense budget.
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In 2013, China launched the Belt and Road Initiative, a foreign policy aimed at developing a country-centric economic system. This will increase the economic influence of Chinese companies in international markets, as well as China’s political influence over governments around the world.
The Chinese government’s strategy is to invest in infrastructure and other projects in countries that agree to join the initiative. These forms connect economic corridors for the production and distribution of goods across Asia, Africa, South America, the Caribbean and Europe by land and sea. To date, 140 countries have registered as Belt and Road participants at various levels. By investing in poorer economies, China can use its wealth to force them into mandatory debt agreements. Belt and Road expands China’s military footprint by requiring that many of these projects be built in a manner that accommodates future Chinese military uses.
The Chinese government has also signed strategic agreements with countries such as Iran and created institutions like the Asian Infrastructure Investment Bank to compete with existing international financial institutions. The country is capitalizing on the coronavirus pandemic by making other countries more dependent on China supply chains for vaccines and medical facilities.
A key component of China’s plan to become a world superpower is economic aggression. Their tactics include stealing trade secrets and other intellectual property. Huge amounts of government funding for industries such as 5G technology and batteries. Admission fee. and forced technology transfer. Despite the 2015 announcement of a “mutual understanding” by President Barack Obama and President Xi that they would not openly support the hacking of the privacy of companies and business news in either country, China continues to use cyber labor in its economic activities. there is As China competes with the United States for economic hegemony, it is focusing on research and investment in seven “frontier technologies,” including artificial intelligence, quantum computing, semiconductors and space exploration. American investment underpins much of China’s industry, which in turn underpins Beijing’s reluctance to act.
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The scope and scale of intellectual property theft in China over the past two decades is one of the greatest wealth transfers in human history. According to a 2017 report, intellectual property theft in China costs the United States $600 billion annually. The pandemic has neither slowed nor slowed China’s efforts to steal the economic ladder.
“The greatest long-term threat to our information, assets, and economic survival is the threat of counterintelligence and economic espionage from China.” — FBI Director Christopher Wray
China targets various services and technologies for theft. In a recent incident in Ohio, a woman admitted to stealing research-related trade secrets from a children’s hospital. In another case, a Chinese energy company, a US oil and gas company, and a Chinese citizen in Houston conspired to steal trade secrets and technology from oil companies and other gas companies. The Trump administration last year ordered the closure of the Chinese Consulate General in Houston, citing trade theft and espionage.
China has the world’s largest subsidy system for state-owned enterprises. We fund businesses and industries through undermarket loans, loan forgiveness, and free research and development. In 2005, the government designated steel as the “pillar industry” of China’s economy. China had been a steel importer until then, but in less than a year it had become the world’s largest exporter. China has spent billions of dollars supporting Chinese industries instead of using traditional market competition methods such as innovation, economies of scale and reduced labor costs. China has played the game repeatedly, subsidizing strategic areas such as information technology, aerospace equipment, batteries and the medical industry.
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China has also damaged global markets and competition by forcing US technology companies to share technology, trade secrets and other intellectual property as a condition of gaining access to the Chinese market. The most common method is to require U.S. companies to form “joint ventures” with state-owned or controlled local Chinese companies. U.S. companies often compete with these Chinese companies years after the Chinese have acquired the skills to run independently.
China requires access to valuable technology, such as requiring a portion of the value of its products to be manufactured in China, or requiring extensive review of technology and software code as part of a “security” review. I use other, more subtle techniques.
Senate Republicans are proposing several solutions to meet China’s challenge and ensure America and its allies lead the next century. With the passage of the Building Act, Congress and the Trump administration have given the United States the means to increase competition with the Belt and Road Initiative and protect its influence abroad through development financing.
Congress also passed the Pacific Deterrence Initiative in the National Defense Authorization Act of 2021. The law directs military spending to counter China and protect U.S. interests in U.S. territories such as the Indo-Pacific and Guam, which are threatened by Chinese missiles. The U.S. Congress has passed a bill to make listings on the U.S. stock market more transparent for Chinese companies. The Foreign Corporate Accounting Act prohibits companies that have failed public accounting audits for three consecutive years from listing on US stock exchanges.
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Republican senators continue to prioritize opposition to China. Recently introduced legislation includes strengthening trade, regional alliances, technology, economic and geopolitical action on the China National Act introduced by Senator James Rich. It targets China’s unfair manipulation of global markets through practices such as intellectual property theft and massive government funding and support of Chinese companies. The bill would strengthen cooperation between the United States and its allies in developing advanced technologies to reduce the world’s dependence on China. It will also strengthen the Indo-Pacific security ties to deter Chinese military aggression.
The Senate Foreign Relations Committee is tasked with reviewing bills containing several provisions of the Strategy Act. The Strategic Competition Law takes action against China’s global misconduct, including predatory economic practices and intellectual property theft. Collaborate with colleagues and partners in areas such as technology, infrastructure and security. And to highlight and counter new challenges in US-China relations, such as the possibility of China’s military deployment abroad and China’s growing nuclear arsenal.
The China Fair Trade Enforcement Act, introduced by Senators Marco Rubio and Josh Hawley, prohibits the sale of classified national security technology and intellectual property to China.
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