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China is mad at us about the Feds printing dollars in addition to telling us a while ago about the Naval exercises. As far as owning us well the Fed. (Bernanke) is now the largest holder of our debt but I believe they are also furious because the Fed is devaluing the dollar (and they have $884 Billion of them) and we are exporting our inflation to boot. There’s a lot of hungry Chinese to contend with so much so they’ve started subsidizing them but for how long?

China warns against US-S Korea joint naval drills

Beijing: China Friday warned against any military acts in its exclusive economic zone without its permission as the US and South Korea prepare for joint naval exercises in the Yellow Sea this weekend in a show of strength against belligerent North Korea, Beijing’s close ally.

“We hold a consistent and clear-cut stance on the issue. We oppose any party to take any military acts in our exclusive economic zone without permission,” Chinese Foreign Ministry spokesman Hong Lei said in a statement.

The comment came as the US and South Korea are to launch a joint naval exercise on November 28 amid heightened tensions after North Korea shelled a South Korean island on Tuesday.

http://www.zeenews.com/news670617.html

China introduces subsidies amid food shortages

http://www.bbc.co.uk/news/business-11772184

The Biggest Holder Of US Debt Is Ben Bernanke

http://www.zerohedge.com/article/today-biggest-holder-us-debt-united-states-america

Given the stated claims of the Progressives, President Soros and his minions regarding moving the US out of the rank of "Super Power", here is what I think is going down:

Soro's Sock Puppet on Word Tour denouncing America
Deliberate deindustrialization of the US
Devaluate dollar so that world unpegs from it.
Place major assets into the hands of foreign Sovereign Wealth funds
Destroy the energy sectors making the US dependent on foreign sources.
NK or China fires missile off West coast. US has tepid response.
Encouraged, puppet NK shells our allies. US has tepid response.
Regularly scheduled joint military exercise threatened by China. US has tepid response.

What we are watching is the formal stepping down of the US as a world super power and ceding this role to China.

Be thankful that President Soros hasn't yet ordered the surrender of the USS George to the Chinese in the same way that 'W' handed over a recon plane for them to steal. We didn't complain when they held our service men hostage, whats a few thousand sailors held hostage by China now?

War is a great way to kill off surplus population while ramping up industrial capacity, building national spirit, and potentially gaining new territory. China has a lot of extra mouths to feed and not a lot of good ways by which to do it. They would love some nice new plots of arable land; Sonoma Valley, for instance.