A democratic alliance organization could contain the economic coercion backed by communist China’s state power, like a NATO for trade, says a think-tank report. The Chinese regime is pursuing global dominance, especially in advanced technologies and industries, but the system, ruled by the Chinese Communist Party (CCP), is at fundamental odds with the principles of market-based trade, according to a report issued on June 28. “The Communist party regularly weaponizes its vast array of policy tools to punish any nation that doesn’t kowtow to Beijing,” Robert Atkinson, president of the Information Technology & Innovation Foundation wrote in the report. “No nation wants to individually bear the brunt of the Chinese attack, so most usually quietly capitulate.” Atkinson proposed to form a Democracies’ Alliance Treaty Organization (DATO) as a deterrent, which democratic alliances agree to give tit for tat together if a member is targeted by the communist regime, like the …
Read More
RSS Feed | The Epoch Times
