TO JAKE(ONLY BECAUSE HE IS OUR RESIDENT EXPERT ON CHINA)...JAKE WHEN OUR PRESIDENT LETS THE RIGHT SEND US (291 hits)
INTO BEING CLASSED AS A NATION THAT WILL NOT REPAY ITS DEBTS...AND, BECAUSE IT IS ONLY CONGRESS THAT CAN PAY FOR WARS...WILL CHINA GIVE CONGRESS MORE MONEY FOR WARS OR WILL CHINA JUST SETTLE FOR FIRST NATION STATUS IN FROM ECONOMY TO MILITARY POWERS? (SMILE)
Kerry Brown, a specialist in Chinese politics at the University of Sydney, said: "'Peaceful rise' is largely viewed as meaningless rhetoric. There is still deep suspicion of China's true intentions, and events over the last two years in the South China Sea only underline how disruptive China rising can be."
Nations that feel threatened by China are inclined to move closer to the US, a trend which stands to only increase tension and distrust between the two.
Even though Hu and the US president, Barack Obama, have met 11 times in the past four years, Sino-US ties remain delicate, with Beijing complaining about a "trust deficit" and American politicians accusing China of unfair trade policies and human rights abuses.
"To the US, the 'China threat' theory is becoming more obvious after 2008," Jia said. "Some US politicians believe that any concessions made to Beijing will be interpreted as a sign of the US declining, thus prompting them to be tougher against Beijing."
China has sought to establish its own international alliances, such as the Shanghai Co-operation Organisation and the BRICS group of developing economies, which takes in itself, Brazil, Russia, India and South Africa.
Jonathan Holslag, head of research at the Brussels Institute of Contemporary China Studies, said: "A lot of small countries are much more comfortable negotiating with Beijing on all sorts of issues if you give them the impression that they are in the game together.
"In that sense, China is really the master of the game of multilateralism and has made a lot of progress at the expense of Western countries, like the US."
Despite party leaders' commitment to a peaceful rise, they are facing mounting pressure at home to be more assertive, with some members of the military top brass urging a hard line in territorial disputes.
"China still thinks it is being bullied and that its territorial integrity is trampled on and thus it needs to take strong actions, which is a kind of 'weak nation' mindset," Jia said. "From a long-term perspective, China should focus more on navigation rights and how resources in the disputed waters can be utilised, than on territorial rights."
Wednesday, January 9th 2013 at 12:28AM
DAVID JOHNSON
China’s central bank is a major purchaser of U.S. financial assets, largely because of its exchange rate policy. 4 In order to limit the appreciation of China’s currency, the renminbi (RMB), against the dollar, China must purchase U.S. dollars. This has led China to amass a huge level of foreign exchange (FX) reserves, which totaled nearly $3.3 trillion as of September 2012. Rather than hold dollars (and other foreign currencies), which earn no interest, the Chinese central government has converted some level of its foreign exchange reserve holdings into U.S. financial securities, including U.S. Treasury securities, U.S. agency debt, U.S. corporate debt, and U.S. equities. U.S. Treasury securities, which are used to finance the federal budget deficit, constitute the largest category of U.S. securities held by China. As of September 2012, these totaled $1.16 trillion and accounted for 21.8% of total foreign holdings of U.S. Treasury securities. Some U.S. policymakers have expressed concern that China’s large holdings of U.S. securities could pose a risk to the U.S. economy, especially if China attempted to divest itself of a large share of its holdings. Others argue that China’s large and growing holdings of U.S. securities give it leverage over the United States on economic and noneconomic issues. On the other hand, many analysts contend that, given the current state of the global economy, China has few options for investing its FX holdings, other than to buy U.S. securities. They further argue that any attempt by China to sell off a large share of its current holdings would diminish the value of its remaining holdings and could further destabilize the global economy, which would likely negatively impact China’s economy. Hence, it is argued, China’s large holdings of U.S. securities give it very little leverage over U.S. policy.
Wednesday, January 9th 2013 at 12:34AM
DAVID JOHNSON
Indicators of the Size of China’s Ownership of U.S. Public Debt China’s ownership of U.S. Treasury securities, or U.S. federal debt, is significant, but the relative importance of those holdings to the overall U.S. federal debt can be measured in different ways. The U.S. public debt totaled $14.8 trillion and the end of FY2011. Of this amount, 43% was held by U.S. government trust funds and 57% was privately held. Of the total level of privately-held U.S. Treasury securities ($8.4 trillion), foreigners owned 58% of the total ($5 trillion).39 China’s holdings of U.S. Treasury securities as of September 2011 were $1.27 trillion. The importance of China’s holdings of U.S. debt securities (as of September 2011) can be measured as follows. They constituted: 25.9% of total foreign holdings of U.S. Treasury securities, 15.0% of U.S. privately-held Treasury securities, and 8.6% of the total level of U.S. federal debt (privately-held and intergovernmental). The amount of interest payments the U.S. government makes to China each year is not precisely known since a breakdown of the types of Treasury securities, their maturity dates, and their yields, is not published.40 A rough estimate can be made by taking the Treasury Department’s data on interest paid on the debt held by foreigners in FY2011($150.2 billion) and multiplying it by China’s holdings of U.S. federal debt as percent of the total foreign debt . Based on these data, it is estimated that U.S. interest rate payments to China on its holdings of U.S. Treasury securities were $38.9 billion in FY2011, or about $107 million per day41 China’s holdings of U.S. Treasury debt in FY2011 was roughly equal to $4,073 for every American and $961 for every Chinese. According to one observer: “Never before has a country as poor as China provided so much financing to a country as rich as the United States.”42
OUR PRESIDENT DOES NOT LIKE WAR AND THOSE FIGHTING CAN BE HOME REBUILDING HOME...WE DON'T HAVE TO WORRY ABOUT PROTECTING AMERICA BECAUSE WE CAN DO THIS WITH OUR NATION'S PRINTING MONEY 24-7 BESIDES IT WILL FORCE THE RIGHT TO GO SOME PLACE AND SIT IN THE CORNER FOR A WHILE WITH THE DUNCE CAP ON. LOL(SMILE)
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
I BELIEVE ON A PERSONAL LEVEL TAHT THE WORST TING TAHT COULD HAVE HAPPEND TO CINA WAS GETTING SLLOF TOSE JOBS IN THEFIRST PLACE...THEIR AIR IS SO POLLUTED UNTIL DURING TH E OLYMPICS THE HAD SHUT TOSE JOBS DOWN SENT THERE BECAUSE IF THEYHAD REMAIND HERE THEY WOULD HAV HAD TO BUILD NEW UP TODATE POLLUTION PRODUCING LESS,THOSE SCHOOLS AND BUILDINGS PUT UP SO FAST THEY ARE NOW FALLING DOWN...NOW THEIR BUILDING HAVE CAUSE D A CHANGE IN THE DIRECTIONS OF THEIR EARTH QUAKES...
ACTUALLY CHANGING EARTH QUAKE DIRECTIO IS VERY EASY TO DO...THEY BUILDE A DAM NOT FARA FROM HERE CALLED THE ORIAVELL DAM(SOME WHAT FAMOUS DAM) AND IT CHANGE THE NATURAL COURSE OF A MAJOR RIVER THUS CHANGED THE EARTH QUAKE DIRECTIONS...
OH AND NOW THAT I MANETIONED EARTH QUAKES..LAST NIGHT EVENING NEWS TOLD ABOUT A BARAGE HITTING TREASURE ISLAND...TREASURE ISLAND IS A NAVY BASE, BELIEVE IT OR NOT RIGHT UNDER THE GOLDEN GATE BRIDGE...A BARGE HITTING IT COULD BE LIKE AFORCE OF AN EARTH QUAKE HITTING IT AND TAHT BRIGE COULD END UP LIKE AN EARTH QUAKE HIT IS AND IT WILL SURELY SI GOING TO SHIFT THAT BRIDGE WITH ALLOF THAT TRAFFIC ON IT, I KNW ONE SHOUD NOT PANIC THE PUBLIC BUT IT SUE IS NOT GOING TOCORRECT THE DAMAGE BE IT LARGE OR SAMLL ON HAT BIRDGE...IT WAS JUST REINFORCEDWITH THE LAST QUAKE. (SMILE)
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
OH, BAKC TO CHINA, IT MAY HAVE TOCLOSE ITS WALLS AGAIN SOMETHING THEY HAVE NOTDONE IN A LONG TIME BUT IS HAS BEENDONE IN MY LIFE TIME TO SAVE CHINA. (SMILE)...THEIR OWN PEOPLES DEMANDING TOHAVE UNIONS WILL DOMORE HARM TO CHINA THAN ANY WAR EVER COULD HELLNO ONE WILL FIGHT CHINA, TOO, TO MAN YPEOPLE TO FIGHT. NO TISISNOT JOKE THIS IS AFACT, AND AMERICA KNOW IT WELL!!! LOL!!!(SMILE)
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
