For years, investors profited from China despite its corruption, but they are now acknowledging the increasing risks as the country moves away from capitalism.

The intellectual headlock of engagement will only be broken if Donald Trump returns to office. Thus 2024 offers the prospect of a better year. Or a much, much worse one.

The question before the American voter now is whether they will endorse this return to Engagement as espoused by the Harris-Walz team or the defeat of the CCP that a Trump victory will make possible.

Time is running out, as the PRC’s aggression against the Philippines is certainly calculated with one eye on the U.S. election calendar and the realization of what the CCP fears—Donald Trump’s return.

The CCP is an abhorrent and malignant force and has only accelerated under the totalitarian misrule of Communist dictator Xi Jinping.

In real terms, the PRC is producing much more military might than the U.S., regardless of what Washington spends.

Today, given the threat of the PRC, the U.S. needs a NATO in the Indo-Pacific that would provide strength and credible deterrence, as did NATO in the Cold War.

Terminating the dominance of the Engagement School is necessary to yield the end of the CCP without war, as was accomplished by the Reagan Administration against the Soviet Union.