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beijing

America’s “China Trade Deficit” Hits Critical National Security Mass

3h ago
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The US trade deficit with China hit a critical milestone in 2015. It now stands at a mind-numbing $1 billion a day, and that $365 billion annual trade deficit continues to rise with the lift of China’s illegal export subsidies, sweatshop labor, pollution havens, and undervalued currency. The failure to understand that America’s Chinese import dependence has now reached critical mass as a national security issue comes from the very mind-numbing magnitude of the numbers involved. One day’s worth of China’s trade surplus with the US buys 1,000 new cruise missiles that Beijing can point at Taipei or 100 anti-ship ballistic missiles to target American carriers. one week’s worth of China’s trade surplus finances the construction of at least three new Chinese aircraft carriers to patrol the South China Sea and Indian Ocean or 20 new Yuan class diesel electric submarines to lay in wait for Japanese destroyers or American aircraft carrier strike groups. And Beijing can pay for its entire annual defense budget with a mere five months of what American consumers contribute to Beijing’s imperial fisc.