100% agree

 

The Biden-Xi summit was a total embarrassment

"President Biden’s summit with his Chinese counterpart, Xi Jinping, on the sidelines of the recent APEC gathering was an embarrassment from start to finish. No matter how much the media tries to put lipstick on this meeting, it is still a pig. 

"The most outrageous embarrassment had — surprisingly — little to do with Biden, our feeble commander in chief. Instead, it had everything to do with America’s corporate elites, who at a dinner hosted by the U.S.-China Business Council and the National Committee on U.S.-China Relations jumped to their feet to applaud Chinese President Xi. Not only did the tycoons pay thousands of dollars to dine with China’s most autocratic and ruthless leader since Mao, many ditched a dinner with Biden held at the same time. (Good work, White House advance team.) 

(Shameful and shows you who is calling the shots these days:

)

"Did Blackrock CEO Larry Fink, an energetic booster until very recently of ESG investing, ask Xi about the 300 coal-fired power plants that Beijing plans to build? Did Tim Cook chat about why Apple is exploring moving some manufacturing out of China? Probably not. 

Notwithstanding China’s floundering economy, U.S. CEOs still hope to sell into China’s large and growing middle class and access the country’s cheap workforce. That is understandable, if lamentable. Trade between the two nations remains immense, totaling $760 billion last year.  But, given China’s relentless trampling of trade rules and cheating on international agreements, a standing O seems a bit over the top. 

(Our interest payment on the national debt is now 1 billion yearly

"Trade between the two nations remains immense, totaling $760 billion last year."

Thats 240 billion more than all of our trade with China last year.

Let that sink in for a minute.)

"Biden announced a deal that requires China to rein in the export of chemicals and “pill presses” used to make fentanyl, a drug that has killed hundreds of thousands of Americans. In exchange, the U.S. lifted sanctions on China’s Ministry of Public Security’s Institute of Forensic Science and China’s National Narcotics Laboratory, which had been placed on the U.S. “Entity List” by the Trump White House in 2020 for human rights abuses. "   

"Will China live up to its end of this bargain? Probably about as well as it has abided by most promises made by Xi in recent years. No military installations on the Spratly Islands in the South China Sea, as Xi promised Obama? Broken. Peaking of carbon dioxide emissions around 2030, as per the Paris climate accord? Broken."

Shameful seems to be the word of the day.