Wednesday, February 10, 2010

China Threatens Economic Warfare Against The U.S.


Chinese See U.S. Debt As Weapon In Taiwan Dispute -- Washington Times

Taiwan arms pique military.

China's military stepped up pressure on the United States on Monday by calling for a government sell-off of U.S. debt securities in retaliation for recent arms sales to Taiwan.

A group of senior Chinese military officers also said in state-controlled media interviews that Beijing's leaders should boost defense spending and expand force deployments in the wake of the Pentagon's announcement last month of a new $6.4 million arms package for the island state claimed by Beijing.

Senior officers from the Chinese National Defense University and Academy of Military Sciences made what some view as an economic warfare threat, something outlined in past military writings.

Read more ....

My Comment: Every country and "super-power" throughout history has used economic pressures and financial incentives to influence another country's foreign policy. I have lost count on how many times the U.S. has used this lever .... and surprise surprise .... the Chinese are now using this "weapon" against us.

2 comments:

Anonymous said...

Hello all, how is everybody?

Anonymous said...

Hi everybody, I just want to say hello! How is everyone??