Wendy Sherman: “China says it reserves the right to retaliate against America for the temerity of shooting down their spy balloon over…”

“China says it reserves the right to retaliate against America for the temerity of shooting down their spy balloon over our territory. This arrogance should not surprise us. It is the fruit of decades of China successfully pushing us around and getting away with murder. The balloon is just the latest, and I think the smallest, invasion of our sovereignty. China denies access to American companies to its market, thus creating the most lopsided trading relationship in the history of trading relationships, with all the macroeconomic effects that has. But it also has an effect on our sovereignty, because it then allows access to their markets to selected American companies, handing out that access like dog training treats. And lo and behold, our corporations, they roll over, they sit down, they play dead. Morgan Stanley has to tell its American customers to invest--advises them to invest 15 percent of their money in China; and if it fails to do so, Morgan Stanley won't be able to do business in China. God forbid anybody from the NBA mentions Hong Kong or the Uyghurs. They are bounced out of the league. And Hollywood is told they can only get 40 movies into China every year, which means if they make a movie about Tibet, it will not be shown in China. Hell, if they make a movie about Tibet, none of their movies will ever be shown in China. As a result, we are not going to see a movie about Tibet or the Uyghurs. China controls what we see on our screens.…”