GOP lawmaker Gallagher shows 'most barbaric side of US politics' by hyping up 'China threats' to Wall Streets
Published: Oct 08, 2023 10:07 PM Updated: Oct 08, 2023 10:23 PM
The US Capitol building is seen in Washington, DC., on November 4, 2022. Photo: Xinhua

The US Capitol building is seen in Washington, DC., on November 4, 2022. Photo: Xinhua

Form advocating chip export restrictions to "decoupling," and hyping that the Chinese mainland will "invade" the island of Taiwan, US China hawk congressman Mike Gallagher once again holds up the banner of "China threats" while urging Wall Street's businesspeople to speak the same language as some China hawks and protect the US' "economic sovereignty," rhetoric which Chinese analysts have slammed as being a reflection of the most barbaric and irrational side of US politics. 

In a New York Post article on Saturday, Gallagher, the Republican chair of the House's China Select Committee, summarized and briefed the panel's recent Taiwan Straits war games and a Wall Street visit to "share Congress' bipartisan concerns regarding China's increasing aggression."

Gallagher said in the article that the war games simulations found the US would have "few good non-military options" to prevent the Chinese mainland from invading the island of Taiwan, and critical supply-chain dependencies will undermine military deterrent posture.

Gallagher wrote that the panel's New York tour is to "speak with Wall Street leaders about the systemic risk posed to our economy from China," as it is unfortunate that "many more on Wall Street continue to act like China is a friend, or at least a trusted business partner," making Washington and Wall Street like "two different countries speaking completely different languages."

He called for "decoupling" with rhetoric like the need to "diversify critical supply chains out of China," and urging a halt to funding China's "military modernization and intelligence-surveillance complex."

Gallagher also smeared China by accusing Beijing of "criminalizing routine business practices like due diligence, data gathering and independent corporate governance often necessary for fulfilling obligations to investors and shareholders."

Lü Xiang, a research fellow at the Chinese Academy of Social Sciences, told the Global Times on Sunday that China hawks like Gallagher represent the most extreme, ignorant and irrational stance against China. "They hate everything about China and they are trying to completely knockout China."

"They are also very extreme when it comes to American domestic affairs, such as being adamantly opposed to the green energy transition…," Lü remarked. "Politicians like Gallagher reveal the most barbaric side of the US."

Analysts said people like Gallagher are despised by people in the financial and business sectors in the US. So hawks try to influence Wall Street's perception toward China through a "war game" and other sensationalized ways.

Gallagher does not represent the US government, nor is he a decision-maker. China does not need to judge how the two governments should interact with each other by his words and deeds, Lü said. 

China has long been devoted to promoting people-to-people engagement with the US, and Wall Street has a positive correlation to the health of China-US relations in terms of interests, and their expectations for constructive and stable China-US relations are the highest, the expert noted.

The GOP lawmakers' remarks came amid a China tour by a bipartisan delegation of senators led by US Senate Majority Leader Chuck Schumer, which the Chinese Foreign Ministry expects would bring more objective understanding of China in the US Congress and increase dialogue and communication.