America has a tool that frightens Xi Jinping’s inner circle. Nukes?  , F35s?  , Attack ships? No. Levies? Trade and tech punishment? No.
It ‘s , Public Law 117-263 , — passed by Congress on December 23, 2022, known even the National Defense Authorization Act for Fiscal Year 2023.
Part 6501, in special, is Xi’s poison or worse. It’s clear that Xi and his associates are the subject of attention, and the name of the report says it all:” Survey on Wealth and Corrupt Activities of the Chinese Communist Party”
The Director of National Intelligence may consult with the Secretary of State to release an unidentified statement on the prosperity and crooked activities of the Chinese Communist Party leadership no later than one year after the legislation of this Act.
The estimate specifies numbers including” the General Secretary of the Chinese Communist Party” — that’s Xi—” and top administration officials in the Central Committee, the Politburo, the Politburo Standing Committee, and any other local Party Secretaries”.
In the CCP pyramid, these are the people who are significant. The CCP’s best leadership is directly affected by this more than any other course of action the British government can get. Apply restrictions and taxes, and Xi and the CCP elite may gladly have ordinary Chinese absorb the pain and consequence, limitlessly.
But explaining away the CCP government’s enormous wealth — to include international bank accounts, businesses, real estate and relatives with “green cards” is challenging — and dangerous — especially while Xi is telling all another Chinese to “eat bitterness”.
The 600 million Chinese people who live on US$ 5 per day and the sizable amount who live on less may not be so knowledge. This problem, which is presumably a part of any marxist party, could actually bring down the CCP.  ,  ,
Problem was a big reason that Free China’s Nationalist, or Kuomintang, government lost to Mao’s socialists in 1949, ceding the island and fleeing to Taiwan — and Xi knows it.
In 2012,  , Bloomberg , and the , New York Times , reported on CCP elite success — to contain Xi’s personal friends. More than anything this writer has seen in 40 times, the answer was angry.  , Bloomberg folded — fearing for its enterprise in the PRC.  , And the New York Times rolled over as well.
But it showed what’s doable — and exposed a lethal CCP risk. The British intelligence society, with its$ 100 billion monthly budget, you probably do even better than a small group of reporters.
Public Law 117-263, Section 6501, ordered the Director of National Intelligence, Avril Haines,  , and the Secretary of State, Antony Blinken, to get to operate and generate a report — within a month. It was owing December 23, 2023 — and still hasn’t appeared. Haines and Blinken , have moved on to their next directorships.
Things may change, but, now that a fresh management is in place. Part 6501 was, in truth, pushed through by Senator Marco Rubio— who is now Secretary of State. And President Trump’s pull for DNI, Tulsi Gabbard, could prove to be made of sterner things than the original store owner, Haines.
Once it is released, Xi’s administration may start putting liens on bank accounts, real estate, and delaying permits and green cards in addition to his vowed anti-corruption efforts.
And find America’s colleagues to join in. For China’s socialist leaders to park their money and a sibling or two, the United Kingdom, Australia, and Canada are extremely beautiful bolt-holes.
Well, the Trump administration must restore the military, increase the circulation of technology and capital to the PRC, and stop depressive reliance on Chinese factories and supply chains. Even to the level of decoupling.
But it should also perform the one that “makes things specific” for Xi and the CCP management. Carry out Public Law 223-117, Section 6501 — and expose it to great god — and keep exposing it. It’s long late.
With many years of experience in Japan, Colonel Newsham is a withdrew United States Marine and an ex-American minister. He serves as a senior colleague at the Japan Forum for Strategic Studies in Japan as well as a senior fellow at the Center for Security Policy and the Yorktown Institute in the United States.  , He is the creator of ,” When China Attacks: A Warning to America”.
This article was originally published in The New York Sun, and it is now republished with the writer’s agreement. Read the original around.