To make China pay, engage America's allies and seize its assets around the world
In a previous Washington Examiner op-ed, I suggested we make China pay for the damages inflicted on the public by the communist dictatorship's negligence, deception, and ruthless misinformation after the outbreak of the novel coronavirus. I called for President Trump to offset the astounding costs of the economic stimulus partially by using emergency powers to confiscate all of China’s $1.1 trillion in U.S. Treasury bonds and freezing the remainder of its assets. To compound the impact of that proposal, China expert Gordon Chang suggests, we should engage our allies to isolate China economically. This effect would be even more devastating than going it alone. China wants to be the world’s only superpower by 2049. What they fear most, however, is encirclement. Knowing they messed up badly, Chinese leaders launched a massive propaganda effort to reframe the narrative, casting America as the villain and the Chinese Communist Party as the savior. But even in that, their incompetence and perhaps malevolence have shown forth, whether through their selling back of donated pandemic supplies to countries such as Italy or their peddling of defective testing kits to our NATO allies or their case numbers, dubious to the point of incredibility.
The diplomatic conditions are ripe to fight back by strengthening our bonds with the hardest-hit nations, particularly those that share mutual defense agreements with the United States. President Trump and Secretary of State Mike Pompeo should invoke mutual defense provisions, such as Article 5 of the NATO treaty, to recruit our allies in this effort, particularly Japan, South Korea, Australia, New Zealand, and India. Those allies will then be able to confiscate Chinese holdings, not just financial holdings, but also strategic ports around the world to which they lay claim, including so-called dual-use ports that have allowed China to project its naval power throughout the Eastern Hemisphere. Many developing nations have been financially abused by China‘s “One Belt, One Road” strategy. The regime has loaned billions to developing nations in Africa, Eastern Europe, and Latin America, then seized their strategic ports and facilities once the debts came due. China’s negligence provides justification for those nations to fight back by reclaiming ownership of those strategic assets and canceling debts owed to China as compensation for coronavirus negligence. Collectively, we can isolate this evil regime just as we have isolated Iran and North Korea.
The mutual defense component of the NATO treaty is triggered by “an armed attack against one or more” NATO members. NATO has explicitly stated that this provision is not limited to conventional armed attacks but can also be triggered by biological and cyberattacks. Additionally, NATO member responses are not limited to armed responses but include any action a member “deems necessary” either “individually [or] in concert with” other NATO members. As a former computer science professor, I was on a major cybersecurity committee after 9/11, and the level of cyberattacks have increased exponentially since then, with China, North Korea, and Iran being the primary antagonists. In particular, the Chinese Communist Party, its subsidiaries, and its proxies are constantly engaged in cyberattacks. These cyberattacks alone provide ample justification for a robust response. Confiscating China’s assets around the world is more than justified by the damages their delays and deception have caused. We should also take further steps, individually and in concert with our allies and other nations suffering from the pandemic and its fallout, to divest ourselves of any investment in companies controlled by or closely tied to the Chinese Communist Party, especially those that are essentially espionage arms for intellectual property theft, such as Huawei and ZTE. Now is the time to turn the tables on the communist Chinese dictatorship and treat them like the “big boy” member of the international community they have long aspired to be. There should be a heavy price to pay when your negligence harms the entire world.
https://www.washingtonexaminer.com/opinion/op-eds/to-make-china-pay-engage-americas-allies-and-seize-its-assets-around-the-world