NEWSMAX
Ratcliffe Refutes Assertions China Is 'Strategic Competitor' for US
John Ratcliffe (Tom Williams/CQ Roll Call via AP Images)
By Fran Beyer | Sunday, 08 August 2021 02:46 PM
Former Director of National Intelligence John Ratcliffe on Sunday challenged assertions that China is a strategic competitor with the United States, charging they are instead “an unlawful dishonest competitor.”
In an interview on Fox News’ “Sunday Morning Futures,” Ratcliffe charged that Wall Street investment banks have been “the biggest perpetrators” of that “false narrative.”
“They are not [a strategic competitor],” Ratcliffe declared. “They are an unlawful dishonest competitor in the world marketplace — but more importantly, [the nation’s] number one adversary, top national security threat.”
“They want to supplant us as the world superpower,” he continued. “Wall Street investment banks … have been the biggest perpetrators of the false narrative of China as noble strategic competitor and they do so because those investment banks are selling trillions, not billions, but trillions of dollars in debt in equities to Chinese companies and investors.”
According to Ratcliffe, there’s “no country who has done more to damage the world economy or the citizens of the world over the past few years than China.”
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READ MORE: https://www.newsmax.com/world/globaltalk/ratcliffe-china/2021/08/08/id/1031546/
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