12. How to Fight and Win the Coming China Wars!

Unless strong actions are taken now both by China and the rest of the world, The Coming China Wars are destined to be fought over everything from decent jobs, livable wages, and leading-edge technologies to strategic resources such as oil, copper, and steel, and eventually to our most basic of all needs—bread, water, and air.

—Introduction to The Coming China Wars

No problem can be solved until it is clearly understood. What should be clearly understood as this book comes to its close are these essential truths:

• China’s hyper-rate of economic growth is export driven and ultimately unsustainable.

• China has been able to conquer one export market after another and emerge as the world’s “factory floor” because it “cheats” in the international trading arena using its “China Price” advantage.

• The cheating China Price relies on an extensive array of unfair, mercantilist trade practices, including a wide range of illegal export subsidies, rampant counterfeiting and piracy, and flagrant currency manipulation.

• China’s unfair trade practices also feature environmental, health, and safety standards that are so lax and so weakly enforced that they have made China the most polluted country in the world as well as the most dangerous place to work.

• Because of the economic consequences and environmental “fallout” from China’s export-driven growth and the “zero-sum” nature of this growth, the citizens of America, the countries of Europe, and all countries running large trade deficits with China ultimately pay dearly for cheap Chinese goods with a loss of jobs, stagnant wages, skyrocketing energy prices, unsafe products, a loss of political sovereignty, increased global warming, and a more polluted world.

These essential truths inevitably lead to a compelling need to address a question that is so critical to ensuring a prosperous and peaceful twenty-first century: What can be done to fight—and win—The Coming China Wars?