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To: graycamel

FYI


On Thursday, the U.S.-China Economic and Security Review Commission, a congressionally mandated watchdog panel, met on Capitol Hill to review China's diplomatic, economic and military objectives. Witnesses warned that China's efforts to nail down oil reserves are likely to rankle Americans.

Since 1993, "China has traversed the globe in a relentless quest for energy sources to fuel its booming economy," said Gal(cq) Luft, executive director of the Institute for the Analysis of Global Security. He said China will continue to engage in "aggressive competition" for oil.


Many lawmakers fear that China is seeking oil so that it can fuel the rapid growth that would pay for a military buildup.

Earlier this week in its annual report on Chinese military power, the Defense Department said China's rapidly modernizing military may pose a threat to the region surrounding it. The summary said the Chinese People's Liberation Army seems to be making "preparations to fight and win short-duration, high-intensity conflicts along China's periphery."

Luft noted that as a result of China entering into an energy deal with Iran last October, it blocked a U.S. attempt to refer Iran's nuclear program to the United Nations Security Council. That showed "China is interested in a militarily strong, even nuclear, Iran that could challenge U.S. domination of the Persian Gulf," he said.

http://www.gjsentinel.com/biz/content/shared/news/world/stories/07/22CHINA_US.html


30 posted on 07/22/2005 9:34:12 PM PDT by hedgetrimmer
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To: hedgetrimmer
The reason China's economy is booming is because of it's economic type. It's NOT communist except in name. It's more militarist-facsist. It's getting more like Japan before and during WWII. When China was Communist (under Mousie Dung) the economy went nowhere. Yes, there are tight controls on business, such as written approval by the government to hire anybody. Then again there is no actual freedom, just perceived freedom, compared to what they had under chairdumb Mao.
Greg leaves chat room.
38 posted on 07/22/2005 9:53:38 PM PDT by graycamel
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To: hedgetrimmer

bttt


52 posted on 07/22/2005 11:57:57 PM PDT by nopardons
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To: hedgetrimmer
"China has traversed the globe in a relentless quest for energy sources to fuel its booming economy,"

Of course, but so what? So do we. So does every industrialized nation. We err when we interpret normal international activities as having covert nefarious meaning. No doubt China would like to do us ill if they can, but that's no different than Ford and GM.

I am no friend of China, they are a barbarian, primitive behemoth not unlike the moslem hordes. But it could be hazardous to perceive a potential holocaust in the normal pursuit of their legitimate national interests.

71 posted on 07/23/2005 4:56:55 PM PDT by hinckley buzzard
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