RUTHFULLY YOURS

https://www.nationalreview.com/2021/12/chinas-economic-world-war/

The nation’s admission 20 years ago into the WTO was a grave mistake. Congress can begin to rectify this error by immediately terminating Beijing’s special trade status.

T wenty years ago today, China joined the World Trade Organization with the promise of greater peace and prosperity for all mankind. As he championed this historic mistake, then–president Bill Clinton patronizingly said, “It is ironic, I think, that so many Americans are concerned about the impact on the world of a strong China in the 21st century.” We are now witnessing how right those Americans were.

Over the past two decades, the government of China has weaponized its nearly $17 trillion economy to wage an unrelenting economic world war that has brought pain to virtually every continent and ruin to countless communities across the globe.

Since 2001, China’s economy has grown nearly 1,200 percent, transforming from a third-rate backwater into the second-largest economy, largest exporter, and dominant industrial power in the world. The PRC today makes one-quarter of the world’s automobiles, a third of all merchant ships, 40 percent of mobile phones, 70 percent of televisions, and 96 percent of shipping containers.

More worrisome, China has gained a stranglehold over the production of many essential materials and is acquiring a dominant position in key technology areas. China manufactures more than half of the world’s steel, produces two-thirds of the active ingredients in our generic drugs, and processes 85 percent of rare-earth elements. China is also making strides in the fields of artificial intelligence and quantum computing, possesses 200 of the world’s 500 fastest supercomputers, and produces 70 percent of the world’s drones.

https://www.gatestoneinstitute.org/18025/iran-exporting-revolution

This may be an exaggeration, but the Kayhan editorial says that without the “Resistance Front” there would be no Iran and, of course, no Iraq, no Syria, no Lebanon, and no Yemen. Control of the four Arab countries is vital for protecting the Islamic Revolution.

In that context, Tehran has been pumping cash and weapons into regimes in Venezuela, Nicaragua and, until recently, Zimbabwe. It has also been in alliance with anti-war groups in Europe and North America while funding numerous non-Muslim politicians and celebrities across the Middle East.

Non-Shiite Palestinian outfits such as Hamas and Islamic Jihad have also been on the payroll of the “Resistance Front” for decades.

[W]e now know that the “Supreme Guide” is ready to take bread away from Iranians so that he can continue fattening Bashar al-Assad, Hassan Nasrallah and scores of other “for sale” personalities across the world.

To be able to do that, Khamenei is counting on US President Joe Biden to ease some of the sanctions imposed by President Donald Trump.

Zarif estimated that Tehran needed a minimum of $60 billion a year to pay its military and security personnel, keep the “Resistance Front” afloat and continue “exporting” revolution.

Khamenei demands that the P5+1 deposit $3 billion a month in a German bank and another $1 billion monthly in a French bank from Iran’s frozen assets, while allowing the Islamic Republic to increase oil exports to 2.5 million barrels a day.

His [Khamenei’s] recipe is simple: Live from one day to another but, even if you can’t export oil, make sure that you can continue exporting revolution. The Khomeinist system can survive without exporting oil, but can’t do so if it stops exporting revolution.

“The greatest achievement of Imam Khomeini’s Islamic Revolution!”

This is how the daily Kayhan in Tehran, believed to reflect the views of “Supreme Guide” Ali Khamenei, describes what it labels a “Resistance Front” led by Iran.

The paper’s editorial does not say why it needs to raise the controversial issue at this time. One possible reason may be a behind-the-scenes debate about the need for reviewing a policy that has cost Iran billions of dollars over the past decades.