China Military retirement funds

Perfect Storm to Cause China Withdrawal

on April 23, 2020

Many Americans recently have drawn some conclusions about the Chinese Communist regime.

We agree that the CCP is responsible for the devastation wrought by the virus commonly known as COVID-19. We are in favor of  U.S. companies withdrawing from the People’s Republic of China, if only to prevent the Chinese government  holding our own products hostage. But there is another threat from the CCP that is not widely known. It is just as dangerous as the Corona virus. Billions of dollars in U.S. military and government personnel retirement funds could any day now be invested in Chinese companies including those producing advanced weapons systems that may be used against the U.S. military. Add up all these situations, and you have a perfect storm to justify U.S. withdrawal from China.

The Chinese regime’s financial machine is driven by the same lust for power that explains its treatment of Christians and other religious believers: control. Persecuted Christians, Uyghurs, Falun Gong practitioners, Tibetans, and Hong Kong pro-democracy protesters all know about the CCP’s need to control every aspect of its citizens’ lives.

But China wants to control more than just its own citizens! What’s so great about controlling 1.393 billion people – give or take however many souls just died from the Wuhan Virus — when you have ambitions for controlling the whole world?

China expert and author, Gordon G. Chang, shows how the CCP is attempting to use the Coronavirus to “annex the world.” The Communist Party’s Global Times, the paper used by Chinese leaders to propagate “nationalist narratives,” accused the Trump administration of “immoral” conduct in connection with the disease, says Chang.

Chang continues:

. . . it is clear the Communist Party is still on the attack. . . the Global Times rolled out another piece promoting Beijing’s new propaganda theme: “COVID-19 Blunders Signal End of ‘American Century.’ ”

The general idea behind Beijing’s new push is that its response to the coronavirus was terrific, America’s was lousy, and China should therefore lead the world. Xi Jinping is boldly using a crisis of his own making to promote his notion of a world ruled by China.

Ruled by China? Xi says he believes in cooperation with others, but for more than a decade he has been employing imagery of China’s imperial era, where its emperors believed they had the Mandate of Heaven to rule tianxia, meaning “all under heaven.”

We already see Chinese hegemony in the CCP’s Belt and Road Initiative (BRI). In “China’s Belt and Road Initiative is Neo-Imperialism,” Sarah-Madeleine Torres and Bradley A. Thayer explain “The BRI is the most expansive undertaking — physically, economically, and politically — of any single state in history. Rather than solely an economic venture, the BRI is a calculated strategic move, intended to lay the foundation for China’s dominance.”

The CCP has been swallowing Africa country by country. In “Takeover Trap: Why Imperialist China is Invading Africa,” Akol Nyok Akol Dok and Bradley A. Thayer reveal that Africa faces a new danger, “Sino-imperialism, the risk of falling under the control of China largely through Chinese economic investment and loans.”

In Mao’s day, China backed African liberation movements (against Western imperialism!) as a way to advance Maoism in the continent. Now China is the imperialist power in Africa, they say, “not to advance Maoism, but to control its resources, people, and potential. From building railways in Kenya and roads in rural Ethiopia to running mines in the Congo.”

Who can most successfully stand against China’s hegemony? The United States. But not if we continue business as usual there. Not if we think everything will stay the same, and we don’t have to strategize to overcome an enemy that knows more about America than we know about them. And definitely not if we are investing billions of dollars in companies controlled by a regime with an agenda to devastate freedom and democracy.

The Committee on the Present Danger: China (CPDC) warns that the Federal Retirement Thrift Investment Board (FRTIB) is poised to invest billions of dollars of U.S. government employees’ pension funds from its Thrift Savings Plan’s $50 billion International Fund in the PRC’s most questionable companies.

Two of the companies into which the personal retirement savings of our men and women in uniform would be invested have actually been sanctioned by the U.S. government, the CPDC warns. One, AviChina Industry and Technology Ltd. and its subsidiaries develop and produce a range of aircraft, unmanned aircraft systems and airborne weapons for the People’s Liberation Army.

The other sanctioned firm, Hikvision Digital Technology, is infamous to human rights activists as the company that manufactures video cameras and other security technology for surveillance, the regime’s “social credit” system, and for the labor and concentration camps used to incarcerate certain religious minorities, particularly the Uyghur and other minorities of East Turkestan.

The other companies are equally disturbing, including companies building advanced weapons systems – designed to kill American troops. To add insult to injury, probably in some cases the weapons systems are designed with stolen American technology.

According to the CPDC, China Industry Shipbuilding Group produces “guided missile destroyers, frigates, conventional submarines, nuclear-powered ballistic missile submarines, unmanned aerial vehicle (UAV) systems, and, most notably, aircraft carriers.”

That’s what eleven influential flag, general and non-commissioned veteran officers – including two former National Security Advisors to the President – believe. On April 14 these top military leaders sent a letter of appeal to the Joint Chiefs of Staff.

These military leaders:

  • General James L. Jones, US Marine Corps (Ret.) former Commandant of the Marine Corps and former National Security Advisor to the President;
  • Vice Admiral John M. Poindexter, US Navy (Ret.) former National Security Advisor to the President;
  • Lieutenant General William “Jerry” Boykin, U.S. Army (Ret.) former Deputy Under Secretary of Defense for Intelligence;
  • Lieutenant General Thomas McInerney, U.S. Air Force (Ret.) former Assistant Air Force Vice Chief of Staff;
  • Lieutenant General Steven L. Kwast, U.S. Air Force (Ret.) former Commander, Air Education and Training Command;
  • Major General Robert F. Dees, U.S. Army (Ret.) former Commander, Second Infantry Division, U.S. Forces, Korea;
  • Brigadier General Robert Spalding, U.S. Air Force (Ret.) former Defense Attaché, Beijing, and former Director for Strategic Planning, National Security Council;
  • Lieutenant Colonel Dr. Darrell Smith, U.S. Air Force (Ret.) former Deputy Director, Intelligence, Surveillance, and Reconnaissance Division, U.S. Forces, Korea and Commander, District of Columbia American Legion Post #68;
  • Lieutenant Colonel Allen West, U.S. Army (Ret.), former Member of Congress;
  • Lieutenant Commander Robert Charles, U.S. Navy Reserves (Ret.) former Assistant Secretary of State for Narcotics and Law Enforcement Affairs;
  • Gunnery Sergeant Jessie Jane Duff, U.S. Marine Corps (Ret.) Commander’s Executive Staff, Marine Forces Pacific;

urged the Joint Chiefs to recommend to President Trump that he intervene to prevent this outrage. The President of the United States has the authority to do this pursuant to the International Economic Emergency Powers Act (IEEPA). These veteran leaders told the Joint Chief of Staffs, “It is especially intolerable to those of us who have proudly served the Nation in uniform that our retirement investments will help its enemies threaten our comrades-in-arms and the country we love.”

The Committee on the Present Danger: China has many resources and a petition for anyone who is interested to sign. Now, as we suffer the economic devastation and health crisis created by the CCP, all those who care about protecting our armed forces, keeping our nation strong, defeating the Communist regime in China, and defending China’s innocent citizens and persecuted believers can also take a stand.

  1. Comment by Barbara Thayer on April 23, 2020 at 11:24 pm

    I thank you mightily for submitting this at this critical time. I will be sharing it on Facebook and other avenues. I wish I were shocked. I am not. Yet I am surely shaken.

  2. Comment by Faith McDonnell on May 6, 2020 at 4:45 pm

    Dear Barbara: Thank you so much. Yes, it is appalling, but not surprising…neither on the part of the Chinese Communists, nor on the part of their Western enablers. Thank you so much for spreading the word. Look at my article today, May 6, for an update and actions to take. God bless you. Faith

  3. Comment by David Gingrich on April 25, 2020 at 10:00 am

    I have been to China over 100 times on business. There are plenty of companies doing business in China in ways that truly benefit Americans. But we must shore up our critical supply chains.

    The military retirement fund issue is a small issue and easily fixed. I have no doubt the president will fix it. President Trump has done a truly amazing job of starting to get the Chinese Communist Party back in the bottle. The best thing Americans can do to keep China contained is re-elect Trump.

  4. Comment by Faith McDonnell on May 6, 2020 at 4:43 pm

    Hi David: I agree that President Trump has done a lot. We need to encourage him on this 50 billion, though. It is really not a small thing. He doesn’t think so either, but some people (? gov’t, business…I don’t know) with vested interests are trying to stop him from blocking the transfer of the TSP funds to Chinese companies. See my article of May 6.

  5. Comment by Mike on May 5, 2020 at 12:33 pm

    This is a timely article; China is on the march, and they’ve NEVER changed their vision/mission to dominate the world; specifically to become the supreme political, military and economic power in the world.

    A very important book that gives historical perspective and current evidence of China’s goals is “Bully of Asia: Why China’s Dream Is the New Threat to World Order” by Steven W. Mosher (2017; see link below*). I am currently about 2/3 of the way through the book and it is truly sobering in light of what is happening today – this book could not be more relevant.

    Too many Americans simply do not understand the mindset of the Chinese Communist Party Leadership – and even that of many Chinese people, even though they aren’t members of the party (I understand this personally; as my son-in-law is mainland Chinese – however he was converted to Christ); they truly believe China should be the hegemon of the world (look that word up if you don’t understand it). Their history for 3-4 thousand years has been one of dynasty after dynasty seeking conquest and control of all those nations, lands and peoples around them.

    This mindset is NOT likely to change any time soon, and Bid Daddy Xi, current head of the Communist Party, is doubling down on anyone who he sees as a threat to this goal.


  6. Comment by Faith McDonnell on May 6, 2020 at 4:40 pm

    Thanks so much, Mike. Yes, I have been hearing a lot about Steven Mosher’s book, and I have been a fan of his for many years. I need to read it! Also, Gordon Chang has a new book out. Can’t remember the name. I’ve got a new piece up about the new letter – to President Trump asking him to block the transfer of all these billions into Chinese industries.

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