One of China’s top state media outlets has branded progressive investor George Soros a “global economic terrorist” after Soros spoke out against a multi-billion-dollar investment in China by New York-based BlackRock, with Soros calling it a “tragic mistake” that would likely lose money for the investment firm’s clients.
The article from China, published by the Global Times earlier this month, accuses the billionaire speculator and ultra-liberal donor of providing large sums of cash to jailed newspaper owner Jimmy Lai to support Hong Kong’s anti-Beijing protests in 2019, and it comes amidst a tit-for-tat exchange between Soros and the Chinese government, Asia Times reported.
In a subsequent op-ed penned for the Wall Street Journal, Soros wrote, “Pouring billions of dollars into China now is a tragic mistake. It is likely to lose money for BlackRock’s clients and, more importantly, will damage the national security interests of the U.S. and other democracies.”
Days earlier, Soros published another editorial piece — this time in the Financial Times –—which said that Chinese President Xi Jinping had “collided with economic reality”, arguing that “his crackdown on private enterprise has been a significant drag on the economy” and “could lead to a crash”.
Soros, in a separate op-ed published for the Wall Street Journal last month, called President Xi “the most dangerous enemy of open societies in the world”.
“[Xi] is intensely nationalistic and he wants China to become the dominant power in the world. He is also convinced that the Chinese Communist Party needs to be a Leninist party, willing to use its political and military power to impose its will,” Soros added.
Now, the Global Times has responded in kind in a commentary piece titled: “This global economic terrorist is staring at China!” The author insists that Soros only began attacking China because he regretted having disposed of all of his investments in Baidu, Vishop, and Tencent Music earlier this year.
In addition to claiming that Soros conspired with Apple newspaper daily founder Jimmy Lai to foment a “color revolution” in Hong Kong in 2019, the article also describes Soros as “the most evil person in the world” and “the son of Satan”.
The Global Times didn’t stop there, however. In a second op-ed, the news outlet wrote, “George Soros, who is despised by many around the world for triggering and profiting from crises, started a fresh campaign against China’s economy over the country’s recent regulatory actions. But like his repeated failures and massive losses in betting against the world’s second-largest economy before, Soros’ latest attempt is not only doomed to fail but will also erase any credibility he still has when it comes to China.”
China is far from the first country to go after Soros for meddling in their sovereign affairs.
In 2017, Hungarian MP and energy undersecretary András Aradszki delivered a speech titled “The Christian duty to fight against the Satan/Soros Plan”, where he referred to the Hungarian-American billionaire as “Satan”, connecting him to “abortion, euthanasia, same-sex marriage, and the forced politicization of gender theory”.
“Soros and his comrades want to destroy the independence and values of nation-states for the purpose of watering down the Christian spirit of Europe,” Aradszki added.