In international economic, trade, monetary policy, manufacturing, and financial matters, the Chinese Communists use illegal, unethical, bullying tactics, which, due to their economic strength, gives them unfair advantages over nations worldwide, including the U.S.

Without U.S. support, the PRC would never have gained admission to the World Trade Organization (WTO). Our sponsorship was a big mistake! Leaders then thought the PRC would act responsibly regarding international trade, monetary policy, and banking practices. What benefit has the West gotten from tolerance and generosity in allowing China into the WTO? Nothing! The U.S. and the West have gotten nothing but grief and adverse economic impact from that ill-considered decision.

Previously at The Patriot Post, I documented PRC leaders’ lack of moral compass. They act solely by what is best for them without considering the impact on others. They want what the PRC wants and nothing else. What others want is unimportant. The PRC has been admitted to many international organizations, reflecting its significant global influence and power. These include:

1.) United Nations, including the UN Security Council 2.) World Trade Organization 3.) World Health Organization 4.) International Monetary Fund 5.) World Bank 6.) G20 7.) Asian Infrastructure Investment Bank 8.) Bank for International Settlements 9.) Financial Stability Board

How has China done as part of these august international entities? The record is both clear and disturbing.

• The Chinese are guilty of blatant currency manipulation to benefit themselves and to harm others. They keep the value of their currency artificially low, making their exports cheaper and suppressing competition in international markets. This gives them an unfair trade advantage over other countries. Despite membership in the leading economic and financial governing bodies, they consistently fail to act transparently regarding risk assessments necessary for doing business effectively. Their tactics prevent objective risk assessment and damage international cooperation.

• They provide unfair subsidies to their own companies. These take the form of actual financial support, tax reductions, and cheap loans from Chinese banks. These underhanded activities make Chinese firms more competitive in world markets. In addition, the PRC often restricts foreign access to their markets, giving an unfair advantage to Chinese firms and not allowing foreign firms to compete on a level playing field.

• Using their Belt and Road Initiative (BRI), they trap other countries into debt, allowing them to infiltrate and take over the infrastructure of other nations. They have inserted themselves into dozens of countries all over the world with control over various aspects of those societies, making them debtors to the PRC. For example, using BRI loans, they now control Hambantota port in Sri Lanka, giving them a huge strategic advantage and unlimited access to the Indian Ocean. According to the Council on Foreign Relations, the PRC has projects in 129 ports on every continent except Antarctica, with a majority control in at least 17 ports and the ability to conduct military operations in 14.

• They brazenly steal intellectual property and force technology transfer worldwide. The U.S.-China Economic and Security Review Commission estimates that the PRC routinely steals up to $600 billion per year in intellectual property from the U.S. alone. Most theft occurs at U.S. research universities where we allow Chinese students to study. Roughly 290,000 Chinese students attend U.S. universities every year. Among these are thieves stealing us blind.

• Chinese Communist Party (CCP) members occupy key positions in every element of society, including their business, trade, manufacturing, and financial sectors. CCP control of their economy is absolute. This gives them the advantage of control over their economy to a much greater extent than exists elsewhere. Their shipbuilding is a subset of international trade. Shipbuilding and shipping drive their economy. The CCP ensures that the Chinese military fully controls the commercial shipbuilding enterprise. The Chinese build their commercial ships to MILSPECS so that those ships can be used militarily anytime the CCP needs them. With the CCP tipping the scales in favor of Chinese shipbuilding, they outcompete every other nation, producing 50% of the world’s shipping. Think of that — China builds 50% of the world’s ships! With militarized ships, China has an enormous potential advantage in any future conflict. Furthermore, Chinese shipping companies must obey the orders of the CCP in times of war.

PRC communists manipulate the global supply chain. Since they control the production of their manufacturing sector, they manipulate the markets by ordering increased production, flooding certain markets to bury their competition through volume and artificially low prices, driving competitors under. This manipulation allows their control of the markets of critical sectors such as rare earth minerals, electronics, and pharmaceuticals.

As the PRC has grown more powerful economically, it has attempted to control, intimidate, and influence institutions like the UN, the WTO, the IMF, the World Bank, and others. Since the Chinese Communists have no morals whatsoever, they use any tactics viewed as effective to try to get their own way and to achieve an advantage over other nations. Despite the PRC’s abysmal human rights record, laughably, they are still on the UN Human Rights Council. They are not just on the Council, but they frequently throw their economic weight around to get their way despite their manifest abuses.

In conclusion, how does one sum up the PRC’s participation in international governing bodies? Forgive the joke, but no statement could describe it better than the popular and succinct Internet meme: “China is A**hole!”