SEARCH BLOG: CHINA
On September 12, I wrote about the issue of "why is China subsidizing the U.S.":
I believe that the Chinese government's goal is to be the dominant nation in the world by the end of the 21st century... economically and militarily... so that it will have priority access to the rest of the world's resources.Think not? Read on....
Benny Peiser reports:As part of the September 12 post, I developed the graphic below:For the first time in modern history, China will next year contribute more to global economic growth than the United States. As the IMF points out in its biannual report, the US and western European economies are facing a major slowdown. The IMF said yesterday it was beginning a major study into the economics of global warming.The New York Times reports:
--Edmund Conway, The Daily Telegraph, 18 October 2007BAGHDAD, Oct. 17 — Iraq has agreed to award $1.1 billion in contracts to Iranian and Chinese companies to build a pair of enormous power plants, the Iraqi electricity minister said Tuesday. Word of the project prompted serious concerns among American military officials, who fear that Iranian commercial investments can mask military activities at a time of heightened tension with Iran.The Heritage Foundation reports:In recent years, Beijing has identified the African continent as an area of significant economic and strategic interest. America and its allies and friends are finding that their vision of a prosperous Africa governed by democracies that respect human rights and the rule of law and that embrace free markets is being challenged by the escalating Chinese influence in Africa.
SO A BETTER QUESTION MIGHT BE, "WHY IS THE U.S. ASSISTING CHINA'S ACHIEVEMENT OF IT'S LONG-TERM STRATEGIC GOALS?"