Wednesday, November 16, 2016

Will Outsourcing To China Weaken The U.S. Defense Industry.

U.S. (L) and Chinese national flags flutter on a light post at the Tiananmen Square ahead of a welcoming ceremony for U.S. President Barack Obama, in Beijing, November 12, 2014. REUTERS/Petar Kujundzic

Reuters: U.S. panel urges probe on whether China weakening U.S. militarily

A U.S. advisory commission warned on Wednesday that China's growing military might may make it more likely to use force to pursue its interests and called for a government probe into how far outsourcing to China has weakened the U.S. defense industry.

The annual report of the U.S.-China Economic and Security Review Commission pointed to a growing threat to U.S. national security from Chinese spying, including infiltration of U.S. organizations, and called on Congress to bar Chinese state enterprises from acquiring control of U.S. firms.

The release of the report to Congress comes a week after Donald Trump won the U.S. presidential election. Trump, an outspoken Republican who has vowed to take a tougher line in trade and security dealings with China than President Barack Obama, will take office on Jan. 20.

Read more ....

Update: U.S. panel urges ban on China state firms buying U.S. companies (Reuters)

WNU Editor: I concur with the following report .... these ties are deeper than what we think, and at the moment it is all to China's advantage .... U.S.-China Ties Are Deeper Than You Might Think (Bloomberg)


Aizino Smith said...

Will the U.S. be able to storm the beaches of Fujian and Guangdong provinces, storm Canton, and stand over the factory workers with factory workers with shot guns so that they build the spare parts to send to America?

Taiwan is not the only country that is doomed.

Jay Farquharson said...

The Horses have bolted and scattered two decades ago, the barn burned down a decade ago, and now they are thinking about closing the barn door?