SEARCH BLOG: CHINA
Recently, I posted twice about China's strategy for the 21st century:
- While speaking of subsidies and violations of free market
principles, it is worth noting here that China is continuing
to manipulate the value of its currency in order to gain an
unfair export advantage. Meanwhile, China has not
fulfilled its many promises to protect the intellectual
property of foreign business software and entertainment
companies from rampant piracy, just to cite two industries
important to the U.S. economy. Nor has China reduced the
many subsidies provided to exporting industries in China.
As of this year, both of these issues are subjects of formal
complaints before the World Trade Organization, a
development that the Commission has advocated in the
- The Commission also found that the pace of military
modernization in China has exceeded official U.S.
estimates. China’s defense industry is producing new
generations of weapon systems with impressive speed and
quality, in part because China has developed the capacity to
integrate commercial technologies into military systems. In
addition, industrial espionage has given Chinese companies
an added source of new technologies.
- The Commission found that the PLA is increasing its
emphasis on asymmetric or disruptive warfare techniques,
such as cyber and anti-satellite warfare. We note the
increase in the number of computer hacking attacks
targeting government offices in the United States and
Europe. Also, the Chinese missile test that destroyed a
satellite this year and laser attacks by China on U.S.
satellites in 2006. Both of these technological efforts seem
directed squarely at U.S. military capabilities, which rely
on satellites and computers far more than do those of other