By breitbart.com.
atThe Global Times said it was an “awkward reality” that America’s hollowed-out manufacturing sector no longer has the capacity to support “once-in-a-generation” infrastructure construction, so the Biden administration will inevitably turn to China, the only country that can meet America’s need for “large amounts of industrial goods under such a grand infrastructure program.”
The Chinese paper went on to explain how Congress’ massive infrastructure spending spree will inevitably increase America’s trade deficit with China, obliterate import/export restrictions that were put in place to protect American national security, and finish off America’s hopes of rebuilding its industrial base:
In 2020, China’s infrastructure-related exports to the US totaled about $295 billion, accounting for about 63 percent of its total exports to the US, according to a research report by China International Capital Corp. Therefore, the expansion of US infrastructure investment will inevitably lead to the increased imports from China.
This outcome will only increase US’ trade deficit with China. China’s trade surplus with the US reached $40.75 billion in October, showed customs data on Sunday. While the figure was down from the monthly high of $42 billion recorded in September, it remains on a relatively high level despite the US’ attempt to narrow its trade deficit.
While US politicians repeatedly claim the government needs to reduce trade deficit by cracking down on the so-called unfair, non-market trade practices, it is the massive demand in the US for foreign goods that contributes to its trade deficit.
“With the passage of the $1.2 trillion infrastructure bill, the urgency for the U.S. to lift its tech export restrictions against China will increase,” the Global Times predicted. This would allow the U.S. to assume its proper role as a supplier of computer chips and other high-tech components to China’s mighty industrial sector.
Full article click here.
Remember this is all by design and plan to destroy the US and make it even more dependent on China. Biden, the democrats and RINO's are in bed with China. Lets never forget Tillis voted for this bill.
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John Steed said:
( November 12th, 2021 @ 8:53 am )
Biden's fake "infrastructure" bill promotes the Green New Deal, although not nearly as devastatingly as the NC RINOs HB951 does. The promotion of wind and solar over conventional power sources does two things that reality give China an advantage over us. One is that China manufactures much of that wind and solar equipment and provides the raw materials for them, much of it even with slave labor. Second is that wind and solar is more expensive and less reliable than conventional electricity, giving Chinese manufacturers an inherent advantage on costs over ours. China has hundreds of coal fired power plants under development, since they want cheap and reliable power for themselves.
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more transgender violence
Published: Monday, September 15th, 2025 @ 9:19 pm
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several far left Democrat incumbents need defeat
Published: Monday, September 15th, 2025 @ 8:28 pm
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If a white person commits a crime against a black person, it is a national news story.
Published: Monday, September 15th, 2025 @ 5:21 pm
By: Daily Wire
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would allow civil lawsuit against judge if released criminal causes harm
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good sign for next French election
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By Rev. Mark Creech
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By: Daily Wire
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Charlie Kirk, 31 years of age, who was renowned as one of the most important and influential college speakers /Leaders in many decades; founder of Turning Point USA, has been shot dead at Utah Valley University.
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The Trump administration took actions against Harvard related to the anti-Israel protests that roiled its campus.
Published: Sunday, September 14th, 2025 @ 5:33 pm
By: Daily Wire
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In remembrance of the day that will forever seer the concept of 'evil' in our minds, let's look back at that fateful morning, exactly 11 years ago today to that series of horrific events which unfolded before our unbelieving eyes......
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transgender etchings on bullets now have basis shown
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By Rev. Mark Creech
Published: Saturday, September 13th, 2025 @ 12:22 pm
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crooked Biden judge had put herself above both president AND congress
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Another failure for Harris
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Time to investigate Discord and its users
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faced 25 years in prison for "misgendering" a leftie tranny politician
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tone deaf to the end
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illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
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"Up from 0.91% in 2023 and double the rate in 2020"
Published: Thursday, September 11th, 2025 @ 9:59 pm
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Is this the latest act of "transgender" violence?
Published: Thursday, September 11th, 2025 @ 11:30 am
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It was a clear beautiful, royal blue sky day on Wall Street. The S & P futures were up markedly, awaiting a positive open, as I turn to get my first cup of coffee. I return to CNBC to get the morning business news, when I notice that the S & P futures are falling, and they're falling fast.
Published: Thursday, September 11th, 2025 @ 3:27 am
By: Stan Deatherage
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conservative youth leader was victim of political assassination
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57% of vaxxed kids had major negative health outcomes
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Harvard University is once again sending its students on delegations to China
Published: Wednesday, September 10th, 2025 @ 9:09 am
By: Countrygirl1411
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In addition, Sheikha Al-Thani has "taken to promoting Mamdani’s mayoral candidacy on social media, boosting news of favorable polling on Instagram"
Published: Tuesday, September 9th, 2025 @ 10:58 pm
By: Daily Wire
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