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Renowned Asia expert Gordon Chang believes former White House Chief Strategist Steve Bannon is “today’s Paul Revere” when it comes to his warnings about China’s economic war with the United States.
Bannon plans to field economic nationalist candidates to challenge GOP incumbent Senators and Representatives and make China a huge issue in 2018 and 2020, and Chang is bullish on Bannon’s ability to do so and put more pressure on lawmakers to rethink America’s policies on China.
Forbes - Magazine - Piece - Week - Money
In a Forbes magazine piece last week about how the “smart money” is actually on Bannon as he battles China, Chang noted that after conservative grassroots candidate Roy Moore’s victory in the Alabama GOP Senate runoff, America and the world were put on notice because the economic nationalist movement that Chang calls “The Bannon Express” has only “just left the station and is picking up steam.”
“Folks standing in its way—even the leaders of awesome communist giants—are in grave danger of getting run over,” Chang wrote.
Chang - Bannon - Money - China - War
Chang thinks Bannon is “right on the money” when he says that “China is at economic war with us.” Bannon made those remarks to CBS anchor Charlie Rose in a 60 Minutes interview.
Chang also noted that Robert Lighthizer, the U.S. trade representative, recently said that “the sheer scale” of China’s “coordinated effort to develop their economy, to subsidize, to create national champions, to force technology transfers, and to distort markets in China and throughout the world is a threat to the world trading system that is unprecedented.” Bannon also told Rose that China—“through forced technology transfer and through stealing our technology”—is “ cutting out the beating heart of American innovation.”
Regardless - China - Trade - War - Chang
Regardless of whether one wants to accuse China of engaging in a “trade war,” Chang believes that China has unmistakably “been conducting a concerted campaign to injure foreign competitors.”
Now that Bannon is...
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