And when China is involved, the dangers are not just commercial. Beijing's strategy to undermine American industry while building up its own manufacturing base also works to shift the balance of power in Asia. So does undermining U.S. finances with the "twin deficits" and beating down neighboring states in trade battles. In the seminal Chinese treatise on modern strategy Unrestricted War by People's Liberation Army Colonels Qiao Liang and Wang Xiangsui published in 1999, the ongoing financial crisis is compared to military conflict: "Economic prosperity that once excited the constant admiration of the Western world changed to a depression, like the leaves of a tree that are blown away in a single night by the autumn wind. After just one round of fighting, the economies of a number of countries had fallen back ten years."
This is precisely their policy and agenda...and ultimately, it will lead to war.