RED CAPITALISM:
CAPITALIST MEANS TO COMMUNIST ENDS
February 2, 2004
By Toby Westerman
Copyright 2004 International News Analysis Today
www.inatoday.com
Chinese state-controlled corporations are on the march throughout the world using sophisticated capitalist methods to gain an impressive competitive edge over local and international rivals, including operating under subsidiary entities to hide their real identity.
Across Asia, Africa, Europe, Latin America and the United States, Chinese business executives are underbidding the corporations of other nations, using Beijing-controlled firms to circumvent hostility to foreign interests, according to the French news daily L'Express.
In stark contrast to its use of capitalism to gain wealth and influence around the world, Beijing continues to impose Communist domination of the once-free territory of Hong Kong, and is threatening to destroy the democratically governed island of Taiwan.
China's business acumen and knowledge of a broad spectrum of technical enterprises continues to impress much of the world. China's global engineering and technical assistance includes the development of oilfields, building of railways and hydroelectric dams, ship construction, and nation-wide telecommunication projects.
In 2003, China controlled 43 of the 225 national public works projects around the world.
While China is active in the "third world," in nations from Brazil to Malaysia, Beijing is also moving into the commercial heart of the "first world" with the acquisition of the financial news service AFX, a former division of Agence France Presse (AFP).
The billions of dollars of profits flowing into China from its global engineering and technical projects, as well as a vast number of manufacturing enterprises, have earned the capital to pay for Beijing's ambitious - and highly sophisticated -- military build-up.
Though officially denied by Beijing, the United States it the projected opponent of China's armed forces.
In 1997, then-Chinese President Jiang Zemin (who remains in charge of China's military) and then-Russian President Boris Yeltsin agreed to establish a "multi-polar new world order" to replace the purported "uni-polar" world under U.S. domination.
As recently as January 25, 2003 during an official state to France, Chinese President Hu Jintao vowed to work for a "safer, more diverse and united world" - an implicit attack upon what China and France term U.S. "unilateralism," and support for a "multi-lateral" world.
To dislodge the U.S. from its current position of strength, Beijing must have the military power to successfully challenge America. China's military expansion is designed to accomplish this goal.
Beijing has already asserted the right to extend its power from the South Pacific to the Persian Gulf.
To support this and other naval aspirations, China is planning to build several helicopter carriers, and, eventually, a number of fleet aircraft carriers, according to a recent report in the Taipei Times. Several unidentified "European countries" are assisting China in the construction of the warships.
Some defense analysts fear that China's armed forces seek to reach far beyond the oceans, and are working to place a military base on the surface of the moon.
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International News Analysis Today
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