Is China Buying BlackRock?
AP Photo/Mark Lennihan, File

You may not be interested in war, but war is interested in you, the old adage goes. The same is true of China, financial strategist David Goldman writes in a recent essay. China doesn’t want to rule you; it wants to assimilate you. It was, and remains, utterly ruthless. Its goal: to own the “control points” in every sphere of economic life. Goldman recounts dinner with a Communist Party of China cadre instructor whose daughter had just graduated from a top American university. “He asked if I could help her get a job on Wall Street.”

China knows that Wall Street is the gateway to America’s central nervous system. Finance controls capital. Wall Street is the conduit of highly valuable information about all sectors of the economy. It has privileged access in the corridors of power in Washington, D.C. And Wall Street can be bought.