U.S. Attorney General William Barr on Thursday, July 16, warned the leaders of America’s corporations doing business in China that the Chinese Communist Party (CCP)’s definitive goal is to replace them.
“The ultimate ambition of China’s rulers isn’t to trade with the United States. It is to raid the United States,” Barr said at the Gerald R. Ford Presidential Museum in Grand Rapids, Michigan, Yahoo News reported.
“If you’re an American business leader, appeasing the PRC [People’s Republic of China] may bring short-term rewards, but in the end the PRC’s goal is to replace you,” Barr said at the event, where he pointed to companies like Apple, Cisco, and Disney as examples of U.S. businesses “bowing to Beijing.”
Barr urged American companies to re-evaluate their relationship with the CCP, which he accused of corrupt efforts to raid the United States, in part, by partnering with and pressuring U.S. businesses.
“China [the CCP] is now engaged in an economic blitzkrieg, an aggressive, orchestrated, whole-of-government, indeed whole-of-society campaign to seize the commanding heights of the global economy and to surpass the United States, as the world’s preeminent technological superpower,” he said.
The attorney general singled out some big names in Silicon Valley as complicit in the CCP’s rise, saying they have allowed themselves to become “pawns of Chinese influence.”
“American companies such as Cisco helped the Chinese Communist build the Great Firewall of China, the world’s most sophisticated system for internet surveillance, and censorship. Over the years, corporations, such as Google, Microsoft, Yahoo, and Apple have shown themselves all too willing to collaborate with the CCP,” Barr said.
Barr also listed numerous industries that the Chinese Communist Party seeks to totally dominate in order to control the world, from monopolizing rare earth materials, dominating 5G infrastructure, to being the global leader in artificial intelligence.
Barr said that free and fair competition with CCP has long been a fantasy for American companies in the global marketplace, but “to tilt the playing field to its advantage, China’s communist government has perfected a wide array of predatory and often unlawful tactics, currency manipulation, tariffs, quotas, state led strategic investment and acquisition, theft, and forced transfer of intellectual property, state subsidies, dumping, cyberattacks, and industrial espionage.”
Barr said, “As American companies have become dependent on Chinese markets, the United States as a whole now relies on the PRC for many vital goods and services,” and the CCP Virus (coronavirus) pandemic has shown a spotlight on that dependency.
Barr said that American businesses are “principle targets today of Chinese influence operations in the United States.”