China is the threat of the century, says Trump's security adviser

President Donald Trump's national security adviser accused China on Wednesday of trying to steal Covid-19 vaccine research from the West, casting it as a malign rival that was seeking to monopolise every important industry of the 21st Century.

Trump identifies China as the United States main competitor, and has accused the Chinese Communist Party of taking advantage over trade and not telling the truth over the novel coronavirus outbreak, which he calls the China plague.

In a 20-minute broadside against China, Robert O'Brien told top British and US military and intelligence officials that China was a predatory power that repressed its people and had sought to coerce both neighbours and Western powers.

"The CCP is seeking dominance in all domains and sectors...(and) plans to monopolise every industry that matters to the 21st century," OBrien told the Atlantic Future Forum via a video link to Navy aircraft carrier HMS Queen Elizabeth.

"Most recently the PRC used cyber-enabled espionage to target companies developing Covid vaccines and treatments in Europe, the UK and the United States all the while touting the need for international cooperation," OBrien said.

China, under President Xi Jinping, says the West - and Washington in particular - is gripped by anti-Chinese hysteria, colonial thinking and simply anger that China is now once again one of the world's top two economies.

China's economic and military rise over the past 40 years is considered to be one of the most significant geopolitical events of recent times, alongside the 1991 fall of the Soviet Union which ended the Cold War.

O'Brien said the West had for decades granted China concessions, including membership of the World Trade Organization, believing it would open up economically and politically, while easing its own barriers against foreign companies."

Sadly, those are promises that to this day it has not kept," said the 54-year-old former Los Angeles lawyer. Instead the CCP leaders doubled down on their totalitarian approach and mercantilist, state-dominated economy."

China in 1979 had an economy that was smaller than Italy's, but after opening to foreign investment and introducing market reforms it has become the world's second-largest economy.

It is now the global leader in a range of 21st Century technologies such as artificial intelligence, regenerative medicine and conductive polymers.

China's response to the novel coronavirus outbreak had, O'Brien said, "erased any lingering doubts about its intentions."

He said China had co-opted international organizations and forced them to install Chinese telecommunications equipment in their facilities. He accused the Communist Party of blocking foreign companies while subsidising its own.

He said China's flagship international project, the so-called Belt and Road initiative, involved offering impoverished nations unsustainable loans to build white elephant infrastructure projects using Chinese firms and labourers.

These countries dependence on Chinese debt leaves their sovereignty eroded and with no choice but to hew to the party's line on UN votes and other issues," said OBrien.