Made In China? The Crisis Of US Imperialism

Something similar is happening today as the EU and US, whose combined population is less than China’s, confront the rise of this largest of all nations, which happens to be ruled by a Communist Party. Ironically, the US spent trillions to bring down the former Soviet Union by allying with Maoist China, not to mention “Islamic fundamentalism.” Now it is precisely that fateful decision, which involved the opening of China to massive foreign investment, that has placed China seemingly in the passing lane with consequences so immense for imperialism, white supremacy and global development generally that they have yet to be fully assessed. Still, it would be silly to assume that world imperialism is supinely accepting its fate, though there is a palpable split in the US ruling elite about how to proceed vis-à-vis China with those with massive investments there counseling moderation and those without seeking destabilization. Meanwhile, Washington hawks continue trying to stir up anti-Beijing antagonisms in Taiwan, the rebel province off the coast of China, whose present regime has been making noises about independence. But more cautious voices are warning that the gigantic arms transfers to Taiwan may wind up in China’s arsenal, since economic ties between Taipei and Beijing have become so substantial that present momentum is moving toward the ouster of Taiwan’s anti-Communist regime and the ascension of a pro-China government. This dilemma is indicative of the knotty problem faced by Washington as it confronts Beijing. Thus, the well-informed analyst, Henry C.K. Liu, writing in the influential Asia Times, observes that “the US Navy is now dependent on Asia, and eventually China, to build its new ships, and eventually the economics of trade will force the US Air Force to procure planes made in Asia and assembled in China.” http://www.politicalaffairs.net/article/view/3515/1/188/

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