'The forces for muscular peace and cooperation must show there is an alternative path to secure the common interests of the two nations.'
Did the Biden officials know what they were doing when they announced a broad expansion of export controls on China? China is the world's second-largest economy, which is intricately intertwined with the economy of the U.S. and other nations. This is mainly due to U.S. multinational companies exporting huge slices of our manufacturing economy to China for its cheap labor.
As the dominant imperial world power, the U.S. is struggling to understand how to deal with an aggressive rising power like China building spheres of influence around the world through exports, loans, development contracts, and technical assistance. It's okay that we have military bases in over 100 countries whose leaders know the U.S. as the premier overthrower of elected governments with policies displeasing to Washington and Wall Street.
China possesses"rare earth" minerals and produces technology crucial to our own defense and high-tech industries. Its government allows U.S. factories to be built in China on the condition of a flow of latest"technology transfers." Ask General Motors. China is already in the front ranks of artificial intelligence, biotechnology, and quantum computing. To declare a cold war on China's access to technology, as a Commerce Department official said,"that advance the country's scientific advancement" including on foreign companies that use some U.S. products, is ludicrous.
This is another way of noting that export controls invite both raw corruption and special lobbying for waivers. They were tried by the U.S. against the old USSR, which developed elaborate circumventions. William Hartung points out—a far brighter future would come from intense U.S. and China cooperation on the climate crises, averting pandemics, ocean preservation, and international arms accords including cybersecurity. Wage peace and pursue mutual self-interest as if our children and grandchildren matter.
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