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Summary of Red-Handed: How American Elites Get Rich Helping China Win by: Peter Schweizer | a Go BOOKS Summary Guide

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Published February 16, 2022

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April 9, 2022
A must-read book

The contents in this book are insightful.

“Red-Handed: How American Elites Get Rich Helping China Win” is the record of Peter Schweizer’s findings after a year-long forensic investigation into China’s infiltration of the US through American elites. The information covered in this book has been compiled from sources deemed reliable, according to the author.

In the beginning of the book Schweizer quotes the founder of the Russian Communist Party Vladimir Lenin’s following words: “The capitalists will furnish credits which will serve us for the support of the Communist Party in their countries and, by supplying us materials and technical equipment which we lack, will restore our military industry necessary for our future attacks against our suppliers. In other words, they will work on the preparation of their own suicide”.

This book is divided into 9 chapters. The first one is named “the rope”, which refers to the technology, money, intelligence, and even political support American elites have given to the Chinese communist regime. The elites cited in the book believed that China would liberalize, and therefore, China had to have access to free trade, technology, and American capital so that they could be more like the US.

According to Schweizer, Beijing forged ties and gave money and deals to certain American elites, who became more friendly to the Beijing regime. He writes that leading Americans have collaborated extensively with a brutal regime for personal gain.

Schweizer states that over the years, China has become more aggressive and repressive, not liberalized. Its aspiration is to replace the United States as the most powerful nation in the world.

The book explores how:
(a) Politicians, including Presidential families, senior members from both the major political parties, senators, and congresspersons have benefited through their commercial deals with Beijing and firms connected with senior CCP (Chinese Communist Party) leaders.
(b) Silicon Valley tech giants bend over backwards to please Beijing to gain access to the vast Chinese market.
(c) Major Wall Street firms have played in the growth of the Chinese economy and, consequently, the strengthening of its military-industrial complex. Wall Street has ignored the consequences of its financial dealings with Beijing, writes Schweizer.
(d) Following their service in the United States government, diplomats have leveraged their Beijing connections for their own personal gain, amassing wealth by advocating for Chinese interests.
(e) Chinese investors pour money into American Universities for the benefit of the former.

In chapter 9 Schweizer says that the American elites have sold Beijing the rope that will hang us.

To fight the growing influence of the Beijing regime over United States elites, Schweizer proposes a few solutions, including banning lobbying on behalf of Chinese military and intelligence-linked companies; banning Chinese military and intelligence-affiliated companies from appearing on United States stock exchanges; banning joint research by American institutions, investors, and corporations on Chinese military and intelligence projects; promoting journalists openly asking questions about links with China; media companies insisting on truth and transparency from their experts; Wall Street firms consistently applying environmental, social, and governance standards to Chinese companies; and increased shareholder activism to hold corporate executives accountable.

In my view, the root cause for the conundrum America is in with China is former U.S. President Richard M. Nixon’s embrace of the totalitarian regime of China’s Marxist-Leninist leader Mao Zedong in 1972, in flagrant disregard of his atrocities against his own defenseless citizens.
7 reviews
July 26, 2022
Bush, Clinton, Trudeau

All Democrats especially are in love with china, the country who wants to rule the world with their slavery. Our elites are selling us out.
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