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|Subject: China - the big threat? UK Guardian reports|
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Date Posted: 01:06:12 01/07/08 Mon
From the British newspaper, the Guardian UK
December 23, 2007.
"This is a credit-card war. Americans will be paying Chinese banks for years after George W Bush has left office. Even though the current war costs about 1 per cent of America's annual $13,247bn GDP (Vietnam represented about 9 per cent), it is difficult not to see a perfectly plotted story line in this. America, the only superpower of the moment, is financed by its chief competitor in a prolonged exercise of distraction that absorbs a huge amount of money and much of its policy making and diplomatic energies. At the same time, the very nature of that distraction weakens US influence all over the world.
While the US frets about surges and troop withdrawal and bringing democracy to people who do not necessarily see its advantages, China extends its influence across the world, increases its defence budget by 17 per cent, fires something called a direct ascent anti-satellite missile to atomise one of its own weather satellites, the implications of which were certainly not missed by the Pentagon, and launches massive computer hacking operations against Western governments and businesses. There have been some 37,000 attempts to breach American security which emanated from China.
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