Peter,
I think that China handled themselves on this occasion. After all, US was spying on them and it is other occasions. When US used commercial aircraft against Russia, when they disappeared with passengers and all. Do not forget that China also lost a plane and pilot, when they tried to take the spy plane down. Maybe the question should be, "is US a friend of China"?
Hakan At 02:51 AM 12/30/2004, you wrote:
Hi Walt ; Yes the potential for China to cause serious disruption to the US economy is scary and increasing. Lest anyone think that China is a 'friend" of the US, look at how China handled the US spyplane accident and emergency landing in April 2001. Consider how differently it would have been handled if the spyplane had landed in a real friend like any North or South American country, European country, Australia, etc. CNN - "3 months on, U.S. spyplane heads home in pieces" http://archives.cnn.com/2001/WORLD/asiapcf/east/07/02/china.us.spyplane.ap/ Make no mistake. China is not a friend of the US, and has the US locked in a death spiral. Best Regards, Peter G. Thailand PS. Any news of your gasifier?? I'm very interested. --- Walt Patrick <[EMAIL PROTECTED]> wrote: > At 08:58 AM 12/29/2004, you wrote: > >Can someone please explain why it is that approx. > 70 to 80% (I think I am > >being a little too conservative with these > percentages) of the "items" for > >sale, at any given department store in America > today, are made in > >China? This question has bothered me for years. > > There are those who will tell you that > China declared economic war > on the US by first devaluing their currency, and > then pegging it to the > US$. The income gain from the resulting flood of > merchandise you've > described has enabled China to embark on a program > of acquiring key assets > in and around the US such as both ends of the Panama > canal, the largest > container trans-shipment facility in the Atlantic, > Global Crossing's fiber > optic network, etc. > > China currently holds a half-trillion in US > securities, a holding > which could allow them to crash the dollar any time > they chose by dumping > those securities on the world market. That makes for > an impressive chip to > hold over Washington's head any time they want to > play hard ball. The sale > of an endless supply of cheap consumer goods through > Wal-Mart (they market > more than $10 billion a month of these goods) has > shifted control of the > dollar from Washington to Beijing. > > China has also embarked on a program of > using those funds to buy > up blocks of strategic resources and technology. For > example, the super > magnets used in the servo motors of cruise missiles > used to be manufactured > in the US. The Chinese bought that plant, duplicated > it in China, and have > since begun the process of closing down the US > plant. > > Walt > > _______________________________________________ > Biofuel mailing list > [EMAIL PROTECTED] > http://wwia.org/mailman/listinfo.cgi/biofuel > > Biofuel at Journey to Forever: > http://journeytoforever.org/biofuel.html > > Biofuel archives at Infoarchive.net (searchable): > http://infoarchive.net/sgroup/biofuel/
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