Americans do have the right attitude. Donald Trump has been hard on China, unlike Sleepy Joe who's said China is America's allie. Trudeau's been soft on China - we need a government that takes a hard stand on countries like China that have horrible human rights issues and whose agenda is to wreak havoc on the world's ecomonies.
China has been working to dominate the world economy and has accomplished exactly that by unleashing the CCP virus and then concealing its existence from the world, although temporarily, then blaming the USA for its incarnation. Yet, it's been reported that the Canada Pension Plan is still pouring our federal pension funds into the Chinese market, largely controlled by the CCP. Furthermore, the are doing so with the full knowledge that Chinese law prohibits foreign oversight of the reporting by the Chinese companies. What does that mean? These Chinese companies can report whatever looks favourable to the CCP and they don't have to be transparent whatsoever. A lot of people hate Donald Trump, however he has been the only President of the USA that's been hard on China, realizing that they are the greatest threat to world economies and national security. Under his leadership, the US has passed the Holding Foreign Companies Accountable Act in December 2020 which forces Chinese companies listed on US stock exchanges (ie Alibaba) to open their audit books to US regulators or be delisted from these exchanges. In contrast, our current Liberal government doesn't appear to recognize the existing and future threats to our economy and national security by the Communist Chinese regime. I woudn't put it past the Biden administration to overturn the new Act passed in December 2020 but that's another story.
I encourage all Canadians to stand up and contact their federal MPs to put a halt to the practise of investing our future retirement CCP funds in the Chinese economy. The Canada Pension Plan has so far invested over $15 billion with plans to increase those investments by 20%. If the USA can have a tough stance when it comes to dealing with China, our elected Prime Minister should be taking just a hard a stand in its dealings with them.
China is the biggest threat to the world. The CCP has millions of its membership infiltrating government agencies and public corporations in its efforts to steal our technology and intellectual property. Yet our government seems to be reactive instead of being proactive. We need a leader who stands tough against Communism, not invest in it.