Biden Turning Export-Import Bank From Weapon Against Chinese Communist Party Into Beijing Ally

Biden Turning Export-Import Bank From Weapon Against Chinese Communist Party Into Beijing Ally
U.S. President Joe Biden speaks about the recently passed $1.2 trillion Infrastructure Investment and Jobs Act at the Port of Baltimore on November 10, 2021 in Baltimore, Maryland. Drew Angerer/Getty Images
Thomas McArdle
Updated:
Commentary

While it’s bad enough that President Joe Biden has nominated in Reta Jo Lewis a longtime, committed appeaser of the oppressive, genocidal, and expansionist People’s Republic of China to chair the Export-Import Bank of the United States, it’s probably worse that prominent U.S. business entities continue to gulp the Kool-Aid about the long widely-accepted but now thoroughly discredited notion that capitalism is wooing China into democratic reform and lawfulness.

Thomas McArdle
Thomas McArdle
Author
Thomas McArdle was a White House speechwriter for President George W. Bush and writes for IssuesInsights.com
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