This week on The McLaughlin Group, Pat Buchanan, Eleanor Clift, Mortimer Zuckerman and Tom Rogan debate U.S.-China relations and weakening U.S. hand. Pat Buchanan said the Chinese taking a page out of the U.S. foreign policy playbook, doing to the U.S. something akin to what America did to the British in the days of its own waning strength.
“This was a huge triumph for the Chinese, John. You’ve got $85 billion in American exports to China, they run a $300 billion surplus at our expense every year,” Buchanan said. “They’ve got $4 trillion in foreign trade currency reserves. They’re building a Greater East Asia Co-Prosperity Sphere.”
“Like Napoleon tried to do in Europe, they’re trying to bring all those countries under their control,” he added. “They use their investment and aide to get tangible and hard gains for them. The Chinese are really doing to the United States in this century and at the end of the last century what the United States did to Great Britain at the end of the 19th century. We’re basically eclipsing them and moving them out as the first military and economic power on earth.”