This article introduces an essay by Yukihiro Hasegawa published in Hanada, discussing how compensation claims against the Chinese government over the coronavirus pandemic could be enforced through measures such as canceling U.S. Treasury obligations held by China, freezing overseas assets of Chinese Communist Party officials, and confronting the compensation issue that could shake the CCP regime.

2020-05-16
How to make China pay compensation.
One of the major problems is the method Senator Hawley pointed out: “how to make the Chinese government pay compensation.”
The following is a continuation of the essay by Mr. Yukihiro Hasegawa, published in this month’s issue of Hanada, a monthly magazine that is required reading not only for the Japanese people but for people all over the world, under the title “The ‘Compensation Hell’ Awaiting China.”
Why do television media such as NHK not report at all the world facts that are clear in this article?
This proves how deeply they are under Chinese operations, and it proves that China is now working furiously on Japanese television media, political operators of opposition parties such as the Constitutional Democratic Party of Japan, their sympathizers such as the Japan Federation of Bar Associations, and so-called citizens’ groups.
As for NHK, to which I have referred many times, there is in the first place the closeness shown by the fact that CCTV is located inside its headquarters in Shibuya.
In particular, as for Arima of Watch 9, his comments up to now clearly prove that China has been giving him intense guidance.
At the same time, this essay contains, in particular, one hundred percent of the 5W1H, the basics of reporting, which television media have completely lost.
In other words, this essay is a genuine essay.
On the other hand, newspapers such as Asahi Shimbun and television media such as NHK are reporting precisely fake news.
For whose sake?
It goes without saying that it is for China.
Emphases in the text other than headings are mine.
How to Make China Pay Compensation
One of the major problems is the method Senator Hawley pointed out: “how to make the Chinese government pay compensation.”
The Xi Jinping administration will never admit its own responsibility.
That is because the moment it admits responsibility, it will no longer be able to escape paying compensation.
Therefore, unless the difficult problem of how to make those who deny responsibility pay is solved, no matter how much one attacks, it may end up like water off a duck’s back.
One idea that has emerged is the method of “not redeeming the U.S. Treasury bonds held by the Chinese government.”
In other words, the United States would cancel the money it borrowed from the Chinese government.
Of course, it would not pay interest either.
As of January 2020, China held about 1.0786 trillion dollars, approximately 116 trillion yen, worth of U.S. Treasury bonds.
If this debt were canceled, it would be the same as making China pay about one trillion dollars in compensation.
Even that would still be far from enough.
Some may think this is an outrageous idea, but I see it as “fully possible.”
Considering the risk of war with China, collecting compensation through an accounting operation would be an extremely wise, simple, and inexpensive method.
Alternatively, there is also the method of “freezing assets that China holds abroad.”
It is a well-known fact that not only Chinese companies that have expanded around the world, but also Xi Jinping and other executives of the Chinese Communist Party, have hidden enormous personal assets in the United States, Europe, Canada, Australia, and elsewhere.
Intelligence agencies and tax authorities in the United States and other countries should have grasped a considerable portion of those hidden assets.
If countries cooperate, seizing those assets is by no means impossible.
However, the above methods also carry risks.
If the United States and other countries cancel their debts to China or move to seize enormous assets, will China simply watch in silence?
If China is confronted with compensation on the scale of tens of trillions of dollars, it could shake not only Xi’s fate but also the ruling structure of the Chinese Communist Party itself.
Before that happens, the possibility that China might, in desperation, launch into war cannot be said to be zero.
This article continues.