A friend was railing against China the other day. His stock broker had suggested that he invest in some Chinese share investment opportunities. He ended up lecturing the poor guy instead of politely saying, ‘no thanks.’ He had some strong words about the extent the Chinese government and its army get involved in common-stock companies.
In North America, the military-industrial complex might be in cahoots but we do it differently. A good example is the $613 million that Canada has contributed to the Lockheed Martin development of the F-35 fighter aircraft over the past 27 years. The rationale for this is that the ongoing investment entitles companies in Canada to participate in bidding on contracts and maintenance needs for the stealth fighter. To-date, these contracts are believed to be worth over $2 billion to companies located in Canada.
While we would get a discounted price, I can think of no logical reason that Canada would ever want any F-35 fighters. This is a single seat, single engine fighter aircraft that could not fly from a major base in Canada such as Cold Lake in Alberta to Nunavut in the Arctic and back without refueling. And why would we need a stealth fighter to patrol our own airspace?
And besides, we would be very wise to stick with smart diplomacy with the Peoples’ Republic of China. We certainly are never going to want to go to war with that country. If Canada was in the middle of a shooting war with China or Russia, all we could do is duck. We could only hope that the Americans had enough anti-missile missiles to shoot down the invading missiles. And we might further hope that the Americans do not shoot down those missiles over our heads.
But it was the stupid Trump government in the United States that helped sour relations for us with the Chinese government. The Chinese neither understand nor care about extradition proceedings. The amount of time that it is taking for the extradition of the Huawei executive is a puzzle to Canadians and an annoyance for the Chinese. Let’s hope they don’t get too annoyed.
Copyright 2021 © Peter Lowry
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