"U.S. fiscal failure warrants a de-Americanized
world," screamed the headline of an editorial
in Xinhua, the official press agency of the Chinese
government (10/13/13).
The editorial voiced the Chinese imperialists'
anger over the US failure to pass a federal budget
and raise the debt ceiling, which puts "many nations'
tremendous dollar assets in jeopardy and
the international community highly agonized."
"Such alarming days," they declared, "have to
be terminated." They call for a new de-Americanized
world order. One of its key corner stones,
the editorial suggests, should be the introduction
of a "new international reserve currency … created
to replace the dominant U.S. dollar."
These are fighting words. The Chinese imperialists
are throwing down the gauntlet to US imperialism.
This will inevitably lead to World War
III because the world's dominant currency has
never been replaced peacefully.
It took WWI and WWII to finally put the
British pound to rest as the world's primary currency
and British imperialism as the world's
dominant power. US imperialism and its dollar occupied both
positions after 1945. Dislodging them won't be
peaceful. No dominant imperialist power abandons
the world's stage peacefully.
US imperialists are preparing to meet the
Chinese challenge
"Unquestionably, China is the economic engine
of Asia, displacing both Japan and the
United States. According to US government projections,
China is expected to be the world's
largest economy by 2019 in terms of purchasing
power parity." - Samir Tata, a US War College
analyst.
He laments the fact that the US task of "maintaining
its primacy as a global power" won't be
easy because of the economic restrictions imposed
by a $16 trillion federal government debt,
and the worst economic crisis since 1929.
Nevertheless, he states unequivocally that,
"The overarching national security objective of
the United States must be
crystal clear: to counterbalance
and contain a rising
China determined to be the
dominant economic, political,
and military power in Asia."
The Xinhua editorial makes it
crystal clear that Chinese imperialists'
aspirations encompass
the whole world.
Pivot to "Asia-Pacific":
US imperialists' main
strategy to fight China
The US "pivot" is a threepronged
strategy: diplomatic,
economic and military.
Obama's absence from two resent
Asian summits did nothing
to advance this strategy.
China's President Xi Jinping,
however, used both occasions to expand China's
economic and diplomatic clout in the region.
US main weakness, however, was not Obama's
absence or his government's shutdown but US
imperialism's economic woes. In any case,
Obama, as president of the world's biggest debtor
nation, had very little to offer. Economic and
diplomatic policies need hefty economic backing.
This leaves US imperialism's strategy with
only one prong: the military one.
US war strategy: Deny China's energy in
times of conflict
"China's economic and military security is inextricably
intertwined with its energy security.
From a strategic perspective," writes Tata, "the
'Achilles' heel' of China is its overwhelming dependence
on Persian Gulf energy." This dependence
has increased since Tuesday when China
overtook the US as the biggest oil importer: 6.3
million barrels a day, projected to increase to 9.2
million barrels by 2020.
"For the US to counterbalance China successfully,"
he continues, "it must be able to threaten
China's energy security." Presently, the US Navy
controls the five critical choke points—Hormuz,
Bab el Mandab, Malacca, Sunda and Lambok
(see map)—and the sea lanes linking them. The
bulk of China's oil and gas imports from the Middle
East and Africa must travel through them.
This is China's jugular vein.
To be completely successful, however, "the
United States also must be able to prevent China
from obtaining Persian Gulf oil and gas via alternative
land-based pipelines. … therefore, the
United States must be able to convince Iran,
through persuasion or coercion, to suspend energy
exports to China," says analyst Tata.
Indonesia, India and Iran are crucial for US imperialism's
strategy to work. Indonesia and Iran
must at least be neutralized. Forging a military
coalition with India, Australia, Japan, Vietnam
and the Philippines to fight China might be a US
pipe dream.
Endless Capitalist-Imperialist wars or
communist revolution
What US imperialism can achieve is subject to
speculation. The approaching world war, however,
is no speculation. China's rise as the biggest
importer of Persian Gulf oil will accelerate
the demise of the US Petrodollar and the
rise of the Petro-Yuan. The drive for World
War III will then be on steroids.
The deepening capitalist crisis has the
world's masses in motion. Millions are
questioning capitalism and are open to our
communist ideas. Imperialist war will further
intensify our class' misery and oppression,
especially for industrial workers and
soldiers. The potential to mobilize the
masses for communism will be immeasurable.
We call on ICWP members and Red Flag
readers to struggle to win our youth to go
into the army and factories to help organize
soldiers and workers for revolution. This,
spreading Red Flag, especially among
these key sectors, and building ICWP massively
must be our response to the bosses'
war plans: to bury them and their genocidal
racist system forever. Join us!
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