(Analyst's note: This report is troubling.)
FROM JOSEPH FARAH'S G2 BULLETIN
The Obama administration is considering easing U.S. export controls to China even though the director for national intelligence is warning about Chinese cyber warfare threats to U.S. military information systems. In addition, there are increasing reports of Chinese military buildup to match U.S. capabilities, according to a report from Joseph Farah's G2 Bulletin.
The one group jubilant over the White House decision to undertake yet another comprehensive review of U.S. export control laws toward China is the U.S. business community.
"The U.S. has one of the most robust export control systems in the world," White House spokesman Robert Gibbs said last week. "But it is rooted in the Cold War era of over 50 years ago and must be updated to address the threats we face today and the changing economic and technological landscape."
Bill Reinsch, president of the National Foreign Trade Council and a former U.S. Commerce under secretary who was in charge of export controls, applauded the White House initiative. Through the NFTC, the Coalition for Security and Competitiveness, or CSC, similarly supported the initiative.
.... The question of loosening controls, however, centers on whether rewarding Chinese behavior is appropriate or whether it is oriented more toward aiding business at a time of global economic recession. ....
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