Commentary While bad enough that President Joe Biden has nominated in Reta Jo Lewis a longtime, committed appeaser of the oppressive, genocidal, and expansionist People’s Republic of China to chair the Export-Import Bank of the United States, it is probably worse that prominent American business entities continue to gulp down the Kool-Aid about the long widely-accepted but now thoroughly discredited notion that capitalism is wooing China into democratic reform and lawfulness. Or, worse still, prominent businesses themselves actively taking part in Beijing’s bloody persecution of its own people. Placing Lewis at the helm of EXIM is comparable to Chamberlain taking over from Churchill against the Nazis, instead of the other way around. President Trump’s EXIM chairman, Kimberly Reed, secured unprecedented broad bipartisan support within Congress for the export credit agency with a multi-pronged commitment to comprehensive reform of EXIM, including increased transparency, strengthened taxpayer protections, zero tolerance for “bad actor” …
Biden Turning Export-Import Bank From Weapon Against Chinese Communist Party Into Beijing Ally
January 10, 2022
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