"The makings of a trade war with China...No one familiar with the Smoot-Hawley tariff of 1930 should relish the prospect of a trade war with China -- but that seems to be where we're headed and probably should be where we are headed. Although the Smoot-Hawley tariff did not cause the Great Depression, it contributed to its severity by provoking widespread retaliation. Confronting China's export subsidies risks a similar tit-for-tat cycle at a time when the global economic recovery is weak. This is a risk, unfortunately, we need to take..." Full text: The makings of a trade war with China
China does what's best for China. It's time for America to do what is best for America.
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"...In late March, Adm. Robert F. Willard, the leader of the United States Pacific Command, said in Congressional testimony that recent Chinese military developments were “pretty dramatic.” China has tested long-range ballistic missiles that could be used against aircraft carriers, he said. After years of denials, Chinese officials have confirmed that they intend to deploy an aircraft carrier group within a few years.
China is also developing a sophisticated submarine fleet that could try to prevent foreign naval vessels from entering its strategic waters if a conflict erupted in the region, said Admiral Willard and military analysts.
“Of particular concern is that elements of China’s military modernization appear designed to challenge our freedom of action in the region,” the admiral said.
Yalong Bay, on the southern coast of Hainan island in the South China Sea, is the site of five-star beach resorts just west of a new underground submarine base. The base allows submarines to reach deep water within 20 minutes and roam the South China Sea, which has some of the world’s busiest shipping lanes and areas rich in oil and natural gas that are the focus of territorial disputes between China and other Asian nations.
That has caused concern not only among American commanders, but also among officials in Southeast Asian nations, which have been quietly acquiring more submarines, missiles and other weapons. “Regional officials have been surprised,” said Huang Jing, a scholar of the Chinese military at the National University of Singapore. “We were in a blinded situation. We thought the Chinese military was 20 years behind us, but we suddenly realized China is catching up...” Full text: Chinese Military Seeks to Extend Its Naval Power
"Yalong BAY, China -- The Chinese military is seeking to project naval power well beyond the Chinese coast, from the oil ports of the Middle East to the shipping lanes of the Pacific, where the United States Navy has long reigned as the dominant force, military officials and analysts say. China calls the new strategy ''far sea defense,'' and the speed with which it is building long-range capabilities has surprised foreign military officials. [Abstract from Publisher]" Works Cited
WONG, EDWARD, and Thom Shanker. "Chinese Military Seeks to Extend its Naval Power." New York Times 24 Apr. 2010: 1. MasterFILE Premier. EBSCO. Web. 28 Sept. 2010. Neh. 5:2–11, Hab 1:1-17, 2:1-10 more
China does what's best for China. It's time for America to do what is best for America.
Related:
"...In late March, Adm. Robert F. Willard, the leader of the United States Pacific Command, said in Congressional testimony that recent Chinese military developments were “pretty dramatic.” China has tested long-range ballistic missiles that could be used against aircraft carriers, he said. After years of denials, Chinese officials have confirmed that they intend to deploy an aircraft carrier group within a few years.
China is also developing a sophisticated submarine fleet that could try to prevent foreign naval vessels from entering its strategic waters if a conflict erupted in the region, said Admiral Willard and military analysts.
“Of particular concern is that elements of China’s military modernization appear designed to challenge our freedom of action in the region,” the admiral said.
Yalong Bay, on the southern coast of Hainan island in the South China Sea, is the site of five-star beach resorts just west of a new underground submarine base. The base allows submarines to reach deep water within 20 minutes and roam the South China Sea, which has some of the world’s busiest shipping lanes and areas rich in oil and natural gas that are the focus of territorial disputes between China and other Asian nations.
That has caused concern not only among American commanders, but also among officials in Southeast Asian nations, which have been quietly acquiring more submarines, missiles and other weapons. “Regional officials have been surprised,” said Huang Jing, a scholar of the Chinese military at the National University of Singapore. “We were in a blinded situation. We thought the Chinese military was 20 years behind us, but we suddenly realized China is catching up...” Full text: Chinese Military Seeks to Extend Its Naval Power
"Yalong BAY, China -- The Chinese military is seeking to project naval power well beyond the Chinese coast, from the oil ports of the Middle East to the shipping lanes of the Pacific, where the United States Navy has long reigned as the dominant force, military officials and analysts say. China calls the new strategy ''far sea defense,'' and the speed with which it is building long-range capabilities has surprised foreign military officials. [Abstract from Publisher]" Works Cited
WONG, EDWARD, and Thom Shanker. "Chinese Military Seeks to Extend its Naval Power." New York Times 24 Apr. 2010: 1. MasterFILE Premier. EBSCO. Web. 28 Sept. 2010. Neh. 5:2–11, Hab 1:1-17, 2:1-10 more
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