let s understand that the military civil fusion that beijing talks about is intended to improve conditions for their trade. so chinese companies are getting subsidies. chinese companies in many cases do not have to pay taxes. chinese companies, in return, have to follow the orders of the prc government. i ll take our chances with the private sector. but let s make sure that we have a level playing field where all companies can compete fairly, where if you lose on any deal, your stockholders will suffer. that doesn t happen with many of the companies that are now, that are being supported by the prc. jose, these rare earth elements, i mean, they re much more abundant than the description suggests, but you re much more likely to find them in places like china, russia, brazil, india, places not typically regarded as as solid partners of the united states. well, actually, that s not true.
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designated. the reason is in china there s no military distinction like in our country. if you invest in the civilian country company all that technology gets pipeline to the chinese military under the doctorate of a military civil fusion that applies in china. what can we do militarily question work they are aggressive, they build the islands they are aggressive keep on poking taiwan. the deal with the south china sea. they keep building more aircraft carriers, spending billions of dollars for their armaments and their navy capacity. i was in kansas city at the world war i museum honoring and are murmuring that war. it seems to me there could be echoes of the same with what china is doing. certainly. right now there is a crisis in the south china sea where the chinese are trying to dismember the philippines. we have a mutual defense treaty.
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