The U.S. ambassador to Japan, Rahm Emanuel, called on all countries to unite against China's economic bullying.

(Associated Press file photo)

[Financial Channel/Comprehensive Report] U.S. Ambassador to Japan Rahm Emanuel wrote a letter to Japanese media saying that Beijing has begun to weaponize international trade, stealing intellectual property, stealing business secrets, corporate espionage, and launching cyber attacks on companies. Attack, and even threaten other countries to change their political stance, China's economic coercion has turned into a political war.

He called on global economic leaders not to stand idly by and must work together to take anti-bullying measures to deter China.

China Steals Trade Secrets and Bullies Other Countries Economically

Immanuel wrote a letter to Nikkei Asia, bluntly saying that after China entered the WTO, it abandoned market reforms and only complied with those terms that were beneficial to itself. It used unfair subsidies and set up market barriers to hinder foreign competitors from entering the Chinese market.

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Even more heinous, China's economic bullying of trading partners has surged, and Beijing has begun to weaponize international trade by deploying a range of illegal tactics, including intellectual property theft, corporate espionage to steal trade secrets, and corporate Conduct a cyber attack.

China also uses market leverage and distorts trade rules to coerce other countries into changing their political stances.

In short, Chinese economic coercion has turned into political warfare in various ways.

Emanuel detailed China's bullying behavior. In 2010, China cut off the export of key rare earth minerals to Japan due to the dispute over the Diaoyutai Islands, hitting Japanese industries and consumers.

In 2016, after Seoul decided to deploy the U.S. THAAD system to protect itself from the North Korean threat, Beijing launched a boycott of South Korea by Chinese consumers and tourists.

Australia and Lithuania were also victims.

China has blocked imports of Australian coal, barley, beef, copper and wheat as Canberra called for an independent inquiry into the origins of COVID-19.

After Lithuania allowed Taiwan to open a representative office, China banned all imports and exports from Lithuania.

Immanuel said Beijing applies economic pressure to achieve its political goals and to subjugate countries to China's political goals.

If the world does not unite against Chinese economic coercion, Beijing will continue to prey on other countries and their economies, big or small, developed or developing.

Democracies must unite to curb Beijing's weaponization of trade

Countries can insulate themselves from Chinese economic pressure through international organizations, either formal groups such as the G7 or the Indo-Pacific Economic Framework, or informal arrangements with partners, Immanuel suggested.

Democracies must also provide real and immediate relief to victimized countries from China’s coercive trade practices.

Only countries with a firm stance on the rule of law and a view that economic engagement should be mutually beneficial can deter China and protect other countries from falling victim to Beijing’s economic coercion.

"No one has the right to stand idly by. Unity is the best strategy to deal with China's intimidation and coercion."

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