June 15, 2007
Only US Congress, World Far-Right Worried About China
Most intriguing, the majority of the people polled around the world were equally distrustful of the USA and China.
Labels: china, opinion, public, usa, war
June 12, 2007
China's defense spending catching up to USA?
According to the report the USA remains by far the world's biggest war machine with well over half a trillion dollars in annual arms spending. China is actually listed at number four after the UK and France. According to the report the top five military-industrial complexes and their 2006 revenues were: the USA $529 billion (46% of the entire world's weapons spending); the UK $59 billion; France $53 billion; China $50 billion (not even 10% of USA spending); and Japan $44 billion.
The Scripps Howard piece uses the purchasing-power-parity (PPP) equivalent figure for China at $188 billion. But that is specious unless the news services also explains that measured by PPP China is the second largest economy in the world just behind the USA.
If we're going to parse the data, a more revealing measure, provided in the SIPRI report but completely unreported, is military spending on a per capita basis. The USA spends $1,756 for each of its (legal) citizens versus only $37 spent per person by China on its "war" machine.
Labels: arms, china, defense, industrial, military, spending, u.s., war
June 04, 2007
Will Nancy Pelosi Remember the Bonus Army anniversary?
More ridiculous still is that Pelosi still thinks the USA has any moral ground to claim whatsoever in the wake of the Iraq occupation and our conduct at the Abu Ghraib and Guantanamo prisons. As for the Olympics Madame Speaker, the games are awarded to a CITY not a nation and the voting, in which the USA fully participated, is conducted by the International Olympic Committee and is not controlled by the USA and it is not in your power to declare whether or not the Chinese get to host the Olympics.
May 22, 2007
Kissinger Thinks It's 1914
Dr. Henry Kissinger started things off with a musing on the historic implications of USA-China cooperation. He demonstrated this point (and revealed his intellectual irrelevance) by bringing up the discredited “Bismark/Wilhelmine Germany” argument that “when a nation grew with the speed, determination and scale of China it would evoke almost inevitable competition and even conflict between itself and the traditional countries.”
So far, the talks can be broken down as follows: Wu Yi says “Win-Win!” but Paulson says “When-When?”
Vice Premier Wu rightly pointed out that the trade gap with China could disappear by allowing high-tech exports. Of course that’s not possible when the USA views China through Kissinger’s 1914-era eyeglasses. Meanwhile Paulson has nothing to offer other than his impatience at Chinese progress.
All the while, the largest delegation since Deng Xiaoping’s famous American tour in 1978 is watching over a invading horde of Chinese businessman inking $20 billion in deals that will no doubt led to more imports and friction.
If nothing concrete emerges from this summit, the battle lines will be drawn between a sheepishly pro-China Executive branch versus an anti-China (Paulson’s own words) Congress. The result will be anti-trade legislation before the end of this year and a full-blown China bashing and China-baiting all 2008 as Presidential candidates on both sides vie to heap blame for all America’s problems not on Washington (where it belongs) but on Beijing.

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