US Congress China Working Group, Defeating China Inc.- Keith Krach. Follow-up Question: Does Silicon Valley Strategy Apply to Economic Statecraft? Answer: YES!! this Document provides proof of its effectiveness in the execution of the Global Economic Security Strategy (GESS) which harnesses powerful areas of competitive advantage, including the innovation and resources of our private sector; strong partnerships with friends and allies, and the moral high ground of our American values and optimism. It provides an integrated plan to leverage, grow and amplify these strengths through three distinct pillars of action.