China wants to ‘own the world’, Barr warns

America is in danger of falling behind China in the next technological revolution, Attorney General Bill Barr warned.

The attorney general said that the West must respond to China’s ambitions to “own the world,” particularly in the telecommunications market, Fox reported.

Barr said that America must stop Chinese companies like Huwaei, which has been accused of aiding Chinese surveillance, from taking over the global 5G market.

“That is, in fact, a monumental danger, and for that reason alone, we should mobilize to surmount China’s drive to dominate 5G,” Barr said. “But the stakes are far higher than this.”

Barr warns of China threat to “own the world”

In a speech at the Center for Strategic and International Studies in Washington, Barr warned of various threats that China, widely seen as a rising power, poses to America’s economy and national security. America has accused China of various malpractices, from stealing intellectual property to currency manipulation.

“It has been estimated that the annual cost to the U.S. economy could be $600 billion,” Barr said of intellectual property theft.

The attorney general painted an ominous portrait of the future, warning that China, through companies like Huwaei, was taking over the world’s 5G market and could soon wield immense leverage on the global stage. Barr likened 5G to a “quantum leap” that would define the so-called “industrial internet,” with dire consequences for the global economy and national security.

China’s 5G dominance could enable the country to wield enormous leverage over other countries that use its technology, he said. There are also implications for surveillance concerns, since China can use equipment owned by companies like Huwaei to conduct surveillance.

Barr meets backlash

The urgency of the threat requires America and its Western allies to “pick a horse” to compete against Huwaei, Barr said. He suggested investing in Nokia and Ericsson, both European companies, to counter China’s geopolitical ambitions.

“The Chinese are using every lever of power to expand their 5G market share around the globe,” he said.

Communist China’s ultimate goal, Barr warned, was the “demise of capitalism.” But his proposals met backlash from members of the Trump administration, including economic adviser Larry Kudlow, who said that “the U.S. government is not in the business of buying companies, whether they’re domestic or foreign.”

Of course, Barr is known by now for his sometimes idiosyncratic politics, already having been accused of having exorbitantly expansive views of presidential power. But agree with him or not, he’s right about one thing: China is the biggest threat to America on the global stage.

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