As the Trudeau government seeks to sell out our country to China, other western countries are increasingly concerned by the danger to national security.
We know that Trudeau is trying to push Canada into a “free trade” deal with China. Such a deal would enrich the elites (bankers, CEOs, and well-connected politicians), while causing severe damage to Canadian workers, the middle class, small businesses, and Canadian industry.
Additionally, a deal with China would sell out our national security – something Trudeau has already shown himself willing to do.
Disturbingly, Trudeau’s push for free trade with China comes as other western nations are increasingly worried about the danger more trade with China poses to their national security – a danger that would be greatly expanded if Canada signed a free trade deal with that nation.
In an op-ed from the editors of Bloomberg (normally a publication that pushes for more and more free trade), there is a call for tougher scrutiny of trade with China.
Here are some key excerpts:
“It (China) openly aspires to build up both its military and national champions in industries of the future — partly by acquiring advanced Western technology. It has more money than any other country to apply to this goal: Its companies vastly increased their investments in the U.S. and EU last year, to $46 billion and $42 billion, respectively, and its government maintains close ties even to ostensibly private firms.”
“As a matter of policy, this push is notably one-sided: Tight restrictions apply to inbound investment, including requirements to share intellectual property. Above all, unlike previous rising economic powers, China is neither an ally nor a democracy: It hopes to rival the U.S. militarily in Asia and maybe beyond.”
“Meanwhile, the range of security concerns is growing. Many advanced civilian technologies now lend themselves to military application. Even companies with no apparent connection to security issues — such as MoneyGram International Inc., a Texas-based remittances firm that’s looking to sell itself to Ant Financial, the fintech company founded by Alibaba’s Jack Ma — may control a wealth of customer information that could be of great interest to Chinese spy agencies.”
While the editorial does make the usual elitist comment about opposing “protectionism,” at least it is addressing a key issue: Trade with China is one-sided, and they expect other countries to open their economies up in a way they never agree to themselves.
As a result, China gets to protect their industries, acquire advanced technology, and grow wealthier, while western nations lose manufacturing jobs and face increasing national security vulnerabilities.
The editorial says “regulators do need to broaden their scrutiny so that it more fully embraces sensitive technologies, cybersecurity and big data,” and also calls for tougher conditions to be met before deals go forward.
That is good advice, but it can go even further.
Canada should reject all trade of national security companies – or companies with relation to national security – with China. A company heavily involved in Canadian national security and Canadian military should not be allowed to be acquired by a foreign corporation.
In a dangerous world, Canada must reject the policies of the elites that would see our country get sold off piece by piece. We must protect our national security, protect our workers, and protect our country. That means rejecting free trade with China, and putting the interest of our nation first above all else.
The elites want to hide their many failures behind political correctness, deception, and manipulation. We need to push back and spread the truth.
That’s why I write.
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