On Wednesday, Speaker McCarthy and a bipartisan group of lawmakers met with Taiwanese President Tsai Ing-wen at the Ronald Reagan Library in California. The meeting made McCarthy the most senior U.S. official to meet with the leader of Taiwan on U.S. soil in decades, according to Newsweek.
During the historic summit, McCarthy reaffirmed Congress’s commitment to strengthening relations with the island nation and support for Taiwan’s aim to remain democratic in the wake of increasing Chinese aggression.
“I felt our meeting today provided a greater peace and stability for the world. America’s support for the people of Taiwan will remain resolute, unwavering and bipartisan,” McCarthy said. Tsai echoed similar sentiments, saying, “To preserve peace, we must be strong” and “we are stronger when we are together.”
The Chinese Communist Party (CCP) — which claims Taiwan is Chinese territory — issued remarks on Thursday threatening to “take resolute measures” in response to Tsai and McCarthy’s alleged promotion of Taiwanese independence. Taiwan News reported the island’s national defense ministry tracked a People’s Liberation Army helicopter and two naval vessels in the waters surrounding Taiwan on Wednesday and Thursday.
Most egregiously, however, is the CCP’s attempt to “inspect” ships traveling through the Taiwan Strait. According to Reuters, “China’s Fujian maritime safety administration launched a three-day special joint patrol and inspection operation in the central and northern parts of the Taiwan Strait” on Wednesday that includes “moves to board ships.” Fujian is a southeastern Chinese province bordering the Taiwan Strait.
“The maritime safety authority in the southeastern Chinese province said … the operation included ‘on-site inspections’ on direct cargo ships and construction vessels on both sides of the Taiwan Strait ‘to ensure the safety of vessel navigation and ensure the safe and orderly operation of key projects on water,’” the report reads. Taiwan indicated it would not cooperate with the inspections.
Biden Helps China by Undercutting America
In the background of McCarthy’s bid to reaffirm U.S. support for Taiwanese sovereignty is the flailing presidency of Joe Biden, whose administration’s seemingly intentional bid to cripple America’s national security and economic stability is giving China leeway to expand its influence across the globe.
On Monday, NBC News reported the infamous Chinese spy balloon the Biden administration let drift across the continental United States earlier this year “was able to gather intelligence from several sensitive American military sites.” Among the intelligence transmitted back to the CCP was “mostly from electronic signals, which can be picked up from weapons systems or include communications from base personnel.”
On the economic front, Biden’s monetary policy — which includes spending trillions of taxpayer dollars on useless Democrat pet projects — has resulted in decades-high inflation, causing everyday Americans to struggle to afford basic necessities such as gas and groceries. The administration’s ongoing war against the U.S. fossil fuel industry has only exacerbated the country’s economic pains.
Under Biden, the hegemony of the U.S. dollar is also in jeopardy. Countries such as Brazil and Malaysia have announced within the past week plans to work with China to reduce dependence on the U.S. dollar when conducting trade with Beijing. Most recently, the Chinese yuan surpassed the U.S. dollar as the most traded currency in Russia, signifying growing ties between Beijing and Moscow.
As noted by The Daily Caller, “[i]f foreigners no longer want [U.S. dollars] for trade, central bank reserves, private wealth funds, and the official currency of about a dozen countries, all those dollars have nowhere to go but back to us in a flood like our country has never seen.” Such a scenario would likely lead to hyperinflation and further suffering among the American people.
The U.S. is haunted by self-inflicted domestic problems, so the CCP likely sees an opportunity not just to take control of Taiwan but to recalibrate the politics of the Indo-Pacific in its favor. The longer Biden cripples the U.S., the closer China gets to creating a new world order devoid of U.S. influence.