Leading Chinese firms are angling for increased investments in American infrastructure, and Washington is giving them the green light to proceed. Despite U.S. requests for the Chinese investors to be sensitive in their approach and to consider taking minority stakes in significant infrastructure projects, some Westerners are concerned.

Powerful Chinese businessmen discussed the possibility for deeper U.S. investments at a meeting with President Barack Obama and Chinese President Hu Jintao during Hu’s visit to the U.S. on January 19. “The United States is open for investment and would welcome it,” President Obama told the group of Chinese and American business leaders at the talks.

From the viewpoint of the U.S., foreign investment usually equates to the creation of jobs, so the Chinese offers come at a timely moment for the battered American economy.

“For China to invest in the U.S., in much the same way the Japanese did in the ’90s and beyond, to create jobs and manufacture products here, could be quite a constructive contribution to our growth and to better relations between our two countries,” said an unnamed official in Washington. “We see foreign investment as a key part of our effort to create jobs and growth.”

Chinese companies are already heavily invested in many areas of American industry, including the sensitive U.S. telecommunications sector. Earlier in January, the United States-China Congressional Committee (uscc) published a report titled “The National Security Implications of Investments and Products From the People’s Republic of China in the Telecommunications Sector” which highlights concerns specific to the telecom industry. “… China’s growing involvement and investment in U.S. telecommunications supply chains and companies, including the penetration of the U.S. marketplace by companies subject to ownership, control or influence by the People’s Republic of China, could eventually provide China with access to or control of vital U.S. and allied information networks, or segments of critical supply chains,” the uscc wrote.

The Obama administration has also acknowledged the risks surrounding Chinese ownership of key U.S. infrastructure projects, and, according to the Wall Street Journal, has requested that Chinese investors “be thoughtful about how they approach” ownership of major U.S. infrastructure and to “consider taking minority, passive stakes in larger projects.”

But such neutered requests made of egocentric China are unlikely to curtail any risks.

Washington’s move to yield strategic ground in these pivotal areas is designed to stave off the country’s demise, but it will only hasten America’s corrosion. Under the multiplying weight of debt, U.S. leaders are throwing open the nation’s doors for a Communist government to enter its borders and employ its citizens. America’s failure to control its spending is taking away its ability to control its course.

I Timothy 6:7-10 explain that a greed-fueled financial path is a snare ready to snap shut on the unwise who tread it. And the U.S. is rushing headlong for the jaws of this snare of debt.

But in spite of the tremendous turmoil on the horizon, protection is available to individuals who keep God’s laws and His ways and assist His work of warning a dying world (Luke 21:34-36).

To understand more about the future of the U.S. and its significance in your life, read our free book The United States and Britain in Prophecy.