Deceiving the Sky by Bill Gertz

Author:Bill Gertz
Language: eng
Format: epub
Publisher: Encounter Books
Published: 2019-02-23T16:00:00+00:00

CHAPTER 10

Financial and Economic Warfare with Chinese Characteristics

“In future wars there will be more hostilities like financial warfare in which a country is subjugated without spilling a drop of blood.”

— COLONEL QIAO LIANG AND COLONEL WANG XIANGSUI, UNRESTRICTED WARFARE, 1999

The People’s Republic of China is waging aggressive economic and financial warfare against the United States, a war that has been underway for at least three decades. China’s Communist Party has used economic instruments of state power to attack American economic strength through unfair trade practices, coerced technology transfers from American companies doing business with China, and committed massive theft of intellectual property from US companies that is now being applied to Chinese products and advanced weapons. This economic assault was carried out under misguided policies that were largely unchallenged since the 1980s under the notion that if the United States simply does business with China, trade, financial transactions, and other economic engagement will have a moderating impact and lead to the evolution of the CCP-controlled state into a free-market, democratic-oriented political and economic system. These policies failed utterly and now the United States is faced with a new evil empire rivaling the Soviet Union of the Cold War. China pocketed the benefits of conciliatory US economic policies, and instead of democratizing has become more communist, more repressive, and more expansionist. It has now emerged on the world stage as a massive economic threat to free markets and the democracies that support them.

Roger W. Robinson Jr. is a veteran financial warrior like no other. A former Chase Manhattan international banker, Robinson first learned the art of financial warfare during the administration of the great President Ronald Reagan. During the early 1980s, at the height of the Cold War, Robinson operated quietly and with little fanfare within the White House as senior director of International Economic Affairs for the National Security Council staff from March 1982 until September 1985.

A Republican from New York, where Nelson Rockefeller dominated the East Coast wing of the party for years, Robinson was not sure if he would prove a good fit within the administration of the newly elected former Hollywood actor, who he always greatly admired and who represented the more conservative western wing of the party. But Reagan, Robinson, and National Security Advisor William P. Clark Jr. hit it off immediately and began work in a secret White House cell aimed at bringing down the global Soviet tyranny using non-military means—especially leveraging America’s unrivaled economic and financial power.

From that post, Robinson was the “architect,” as President Reagan called him, of the US economic and financial strategy that more than any other Reagan policy hastened the demise of what Reagan rightly called the Evil Empire—the Soviet Union. After leaving the White House, Robinson launched what is today RWR Advisory Group, a risk management, software, and open-source intelligence firm specializing in the nexus of national security, global finance, and international business.

Robinson and Clark worked closely in explaining to the new president in 1982 that the Soviet economy was a house of cards financially with only some $32 billion in annual income.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.