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China’s Plan to Lead the Globe

Friday, June 12, 2015 11:35
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(Before It's News)

lewrockwell.com / By Eric Margolis / June 12, 2015

As tensions in the South China Sea between the US and China continue to rise, the US Navy and Air Force are quietly gearing up to fight a war in the disputed region.

If necessary, that is.  Both sides say they don’t want any military confrontation on China’s extensive coastal waters, but both are acting as if a military conflict is increasingly likely.

Optimists say that a peaceful resolution of China’s rise as a great power is achievable.  The economies of the two powers are so enmeshed that a war sounds unthinkable.

Such is the thesis of an important new book just out, “The China Dream,’ by Professor General Liu Mingfu, a leading Chinese military thinker and commentator who speaks with the voice of China’s military.

US-China trade accounted for $579 billion last year. Beijing holds $1.2 trillion of US Treasury securities, thus financing a big  part of America’s massive trade deficit.  China claims its low-cost exports to the US saved American consumers $600 billion in recent years.

China only wants its place in the sun, say its strategists, using the same words as German strategists did before World War I.  It’s time for a multi-polar world. The age of American world empire is over, writes Liu Mingfu, words that will not endear him to Republican hawks and neoconservatives.

Pessimists retort that Britain and Germany fought two world wars even though they were major trading partner.  History is replete with examples of rising powers eventually going to war with the status quo powers resisting their rival’s economic and military growth.  The Franco-British-Russian alliance against Germany prior to World War I is a perfect example.

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The post China’s Plan to Lead the Globe appeared first on Silver For The People.



Source: http://silveristhenew.com/2015/06/12/chinas-plan-to-lead-the-globe/

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