Written By Allen B. West for AllenBWest.Com
I am one serious supporter of the free enterprise system as it creates economic growth and opportunity. I’m also a serious supporter defending our nation against threats.
So what happens when the free market is at odds with national security? Which one should win? I can tell you this is a major concern for me with the reauthorization of the crony capitalism and corporate welfare endeavor known as the Export-Import bank. The fact that we have large corporations which require American taxpayer funds to be used as export credit guarantees so they can sell their wares to overseas markets is rather disconcerting — perhaps the chuckleheads who were protesting in Chicago at the mercantile exchange should have focused on the Ex-Im bank.
As reported by the New York Times via 790TalkNow, “One Chinese technology company receives crucial technical guidance from a former People’s Liberation Army rear admiral. Another company developed the electronics on China’s first atomic bomb. A third sells technology to China’s air-to-air missile research academy. Their ties to the Chinese military run deep, and they all have something else in common: Each Chinese company counts one of America’s tech giants — IBM, CISCO systems or Microsoft— as a partner.
Such links, which are generally not well publicized, are now at the center of a debate among some in the American defense community, including former United States military officials, analysts and others. While the cross-border partnerships, under which American tech companies share, license or jointly develop advanced technologies with Chinese counterparts, are a growth area for business, security experts are increasingly questioning whether the deals harm United States national security.
While the capabilities shared in the partnerships are commercial in nature, such technologies have also become more critical to defense. That is spurring concerns that widespread cooperation with Chinese companies could quickly increase China’s fundamental technological capabilities in a way that could easily help military research and operations.
Keep Reading, There is More Here