Commentary On May 28, President Joe Biden made a shocking note in his remarks to American service members at a Virginia military base, “We’re in a battle between democracies and autocracies.” He also said that Chinese leader Xi Jinping once told him that he “firmly believes that China, before the year [20]30, ’35, is going to own America.” Some readers might think that Biden is exaggerating, but in fact, when Xi proposed “building a community with a shared future for mankind,” he was sounding the clarion call for the Chinese Communist Party’s (CCP’s) hegemony. However, to achieve this goal, the CCP needs the support of governments around the world. Therefore, it has launched a global spending tactic, also known as “money diplomacy.” The CCP’s Global Spending Policy Since 2013, Xi Jinping has left his footprint across five continents. His frequent overseas visits brought foreign aid in the forms of free …