They are lying to our face, and laughing behind our back. U.S. China policy is a bipartisan failure. China has used her hoards of cash from U.S. trade to build her war machine, buy U.S. politicians, and bully or bribe U.S. firms into transferring technology. Her middlemen in these deals are such foreign policy celebrities as Henry Kissinger. Lavishly rewarded, these new China hands then persuade congressional Republicans that China's massive trade surpluses are meaningless and Clinton's policy must be maintained.
Every day brings fresh evidence that our China policy is now indistinguishable from appeasement.
The bond and securities markets are the mother lode of American finance capital. If Beijing taps into that, there is no end to the funds she can raise and almost no control on how they are used. Meanwhile, the requirement that Chinese ships give four days' notice before berthing at sensitive U.S. ports, where U.S. warships ride at anchor, has been quietly lifted by the administration, and a company with ties to Beijing has been awarded the contract to operate the ports at both ends of the Panama Canal. The Chinese know it and despise us for it. Time to show Beijing there are still a few Americans who never learned how to kowtow.