By Mike Gold, a retired entrepreneur "living the dream in the Pacific Northwest."
I’ll just tip my hand in advance. I don’t trust the Chinese Communist Party (CCP).
In my opinion, the massive disinformation campaign by the CCP is just barely getting under way. They are going to be working hard to convince the entire world that they are not responsible for the massive coronavirus pandemic that still has a good chunk of the world’s economy shut down. (We’ll look briefly at the potential liability the CCP has below.)
The Center for Disease Control is just one of many U.S. agencies that has claimed if only the CCP had provided transparency as soon as they realized they had a serious potential pandemic on their hands in December 2019, the worldwide spread of this disease could have been much better controlled.
Fact is that millions of people traveled in and out of where the virus first emerged in Wuhan to other parts of China and the rest of the world while the government said absolutely nothing.
On January 21, 2020, Chinese officials finally acknowledged what their doctors knew in December. They told the world that the virus could be spread by human-to-human transmission.
Even with this knowledge, Wuhan wasn't locked down for domestic Chinese travel until January 23rd allowing further spread of the illness.
International travel continued in and out of Wuhan until January 31st, but thousands of travelers left Wuhan in those ten days, taking the virus with them.
So what is at stake here? Only the economic future of the entire world.
The CCP has set a goal to achieve independence from foreign suppliers of high value aerospace and electronics products by 2025, taking market share from the U.S. in that process. They have clearly announced their intentions with their program called "Made in China 2025." Now unfortunately for them, the coronavirus pandemic has created a serious impediment to their plans.
What would this accomplish for China if they succeeded? Simply setting the pace for world control and domination.
Now let’s assume that their campaign to convince the world they are not responsible for this pandemic fails. Then what would happen?
In my opinion nothing much would change and we would be pretty much where we are right now.
The U.S. is, by far, the world’s largest economy. With that economic might comes influence. So all that means is that the rest of the world as well as the U.S. will not fall under the influence of the CCP.
I visited China about eight years ago with a group of students from Udub. What I saw first-hand was a population who allowed their personal goals to be subservient to the good of the country.
This is diametrically opposite to our free market economy. Here in the U.S., no ruling body makes a master plan for the rest of us. The free market allows raw economics (subject to anti-monopolistic laws enforced by the U.S. Department of Justice) to govern. And that system has allowed our economy and country to grow to the world’s economic power.
Just one example. The world is moving swiftly ahead to implement a 5G network. This will allow tremendous innovation and further enhancements to productivity. A Chinese company, Huawei, is working feverishly to dominate the market for this technology and they are way ahead of other companies in its development.
One problem is that Huawei is controlled, as are all companies in China, by the CCP. So, by putting in certain “back door” access to their networks, the CCP could potentially “steal” more intellectual property – something they have been doing for well over 30 years.
In my opinion, it is all this stolen intellectual property that has given China an unfair advantage in building up their economy.
President Trump worked hard to convince the U.K. not to implement their new 5G network using Huawei and has been partly successful. British Prime Minister Boris Johnson still plans on using the Chinese company's equipment for part of the network, but will implement stringent safeguards to ensure security and will seek additional suppliers.
Huawei has been placed on a Department of Commerce Entity List – which prevents U.S. companies from selling key technology to the company. As to liability, to this non-lawyer it appears to be a “no-brainer” for either specific companies or the U.S. Government to bring an action against the Chinese Government and country for massive damages.
Now collecting these awards could be problematic as they could simply “not pay.” However, at present, the Chinese Government holds over $1.5 trillion in U.S. securities. Simply “nationalizing” those assets would be a good start to cover the damages we have sustained by their carelessness.
Just watch all the media (especially the social networks) over the next six months or so for the bombardment by the CCP arguing that it was actually the U.S. Military who caused this pandemic. The Russian trolls who interfered in the 2016 election will be helping them spread this disinformation around the world.
If that fails, they’ll probably blame Martians.