ARRA News Service
News for social, fiscal & national security conservatives who believe in God, family & the USA. Upholding the rights granted by God & guaranteed by the U.S. Constitution, traditional family values, "republican" principles / ideals, transparent & limited "smaller" government, free markets, lower taxes, due process of law, liberty & individual freedom. Content approval rests with the ARRA News Service Editor. Opinions are those of the authors. While varied positions are reported, beliefs & principles remain fixed. No revenue is generated for or by this site - no paid ads - no payments for articles. Fair Use doctrine is posted & used.
Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year]
Contact: editor@arranewsservice.com (Pub. Since July, 2006)
    Home Page
   

One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Thursday, December 18, 2014

Worrying About China

Image via China, China, China article
by Alan Caruba, Contributing Author: If there is one thing various experts and pundits like to do most it is to worry about all manner of speculative threats. I can recall when much of their focus was on the Soviet Union until 1991 when it collapsed along with the decline in the cost of oil. The fall of the Berlin Wall in 1989 signaled that it was no longer the feared power it had been.

Despite its invasion of Ukraine to annex the Crimea, the Russian Republic is in the same position its predecessor was because, once again, the price of a barrel of oil is falling. Turns out that the fracking technology that many environmentalists fear has also produced large increases in both oil and natural gas here in the U.S., that have created an oil glut that is driving its price down.

Largely unnoticed, however, have been the growing ties between Russia and China. They haven’t been this friendly for a very long time. Even so, Communist China does not give any indication that it regards the U.S. as an “enemy” in the way Vladimir Putin does the European Union and NATO.

China has recently emerged as a larger economic power than the U.S., earning $17.8 trillion in terms of goods and services, compared to the U.S. $17.4 trillion. Not a great difference, but surely a symbolic one. China is a curiosity in that it has an authoritative Communist government and a burgeoning capitalist economy.

In 2013, China took steps to expand property rights (something that does not exist in Communist nations), expand fair and transparent market regulation, and prices set by the market.

When you have to govern more than 1.3 billion people, you have to find a way to lift as many as possible out of poverty. China’s problem is that many of them are elderly thanks to its one-child policy. In 2013, China took tentative steps to loosen its one-child policy and it’s a good guess they will get rid of it entirely at some point in the near future.

Examples of its economic power often make page one of The Wall Street Journal such as a December 9 article reporting that “In the past two years, Chinese investors have bought stakes in New York’s most valuable office power, one of its largest development projects and the country’s most expensive hotel ever sold.” Should we worry about this? No, a few decades ago, such stories were about Japan’s purchases of American properties and that nation has been in an economic stagnation for quite a while.

Back in 2008, Robert Samuelson, a Washington Post columnist, was worrying that “The real threat from China lies elsewhere. It is that China will destabilize the world economy. It will distort trade, foster huge financial imbalances, and tripper a contentious competition for scare raw materials.” That’s a pretty good description of what is being said about the United States today!

A new study by the Rand Corporation, “Blinders, Blunders, and Wars: What America and China Can Learn”, devotes a chapter to U.S.-China relations saying “Whether and how the United States and China can settle their differences without war is among the most important questions of the twenty-first century.” That has got to be one of the most presumptuous questions asked by the respected think tank. It borders on foolishness because there is no good reason why either nation would engage in a war on one another.

There is no question that China, the largest nation in Asia, has been flexing its muscles, building up its military capabilities, and seeking to expand its authority over the China Sea and adjacent areas. Any nation of its size would be expected to do the same thing. Even Russia is keeping its neighbors on edge with its Ukraine incursion, knowing perhaps that neither NATO nor the European Union would go to war over its complete takeover. The threat is there, but that does not mean it will occur.

The good news from Rand is their observation that war between the U.S. and China “could be catastrophic” and therefore “both powers are strongly inhibited from starting one.” You do not need to be a think tank expert to figure that out, but the Rand study also says “The danger of Sino-U.S. war by misjudgment is related to but different from that of Sino-U.S. war by accident.”

The study’s reason for this is that “China sees America’s East Asian alliances as throwback to Cold War thinking and, more alarmingly, as indicative of America’s new intent to align the region against China.” That’s think tank talk for China’s paranoia based on centuries of control and exploitation by outside forces such as the former British Empire, subjugation by the former Empire of Japan, and its fear of America’s longtime naval presence in the Pacific.

China most certainly has nothing to fear regarding war with the current U.S. administration that doesn’t want to even admit that it has reengaged in the war occurring in Iraq. In a similar way, the U.S. has no reason to disturb its financial dependence on a China that owns much of its debt.

Think tanks like Rand will not cease to worry about all the options and events that affect the China-U.S. relationship, but for the near future, there are other factors such as the threat the Islamic jihad represents. The only constant in international affairs is change.
-----------------
Alan Caruba is a writer by profession; has authored several books, and writes a daily column, Warning Signs". He is a contributor to the ARRA News Service.

Tags: China, Alan Caruba, warning signs To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
Posted by Bill Smith at 2:00 PM - Post Link

0 Comments:

Post a Comment

<< Home


View U.S. National Debt

Don't miss anything!
Subscribe to the
ARRA News Service
It's FREE & No Ads!

You will receive a verification email
& must validate you subscribed!

You Then Receive One Email Each AM
With Prior Days Articles / Toons / More


Also, Join us at:
Facebook.com/ARRANewsService


Recent Posts:
Personal Tweets by the editor:
Dr. Bill - OzarkGuru - @arra
#Christian Conservative; Retired USAF & Grad Professor. Constitution NRA ProLife schoolchoice fairtax - Editor ARRA NEWS SERVICE. THANKS FOR FOLLOWING!

Action Links!
State Upper & Lower House Members
State Attorney Generals
State Governors
The White House
US House of Representatives
US Senators
GrassFire
NumbersUSA
Ballotpedia

Facebook Accts - Dr. Bill Smith
Pages:
ARRA News Service
Arkansans Against Big Government
Alley-White Am. Legion #52
Catholics & Protestants United Against Discrimination
End Taxpayer Funding of NPR
Overturn Roe V. Wade
Prolife Soldiers
Project Wildfire 4 Life
Republican Liberty Caucus of Arkansas
The Gold Standard
US Atty Gen Loretta Lynch, aka Eric Holder, Must Go
Veterans for Sarah Palin
Why Vote for Hillary (Satire)
FB Groups:
Arkansas For Sarah Palin
Arkansas Conservative Caucus
Arkansas County Tea Party
Arkansans' Discussion Group on National Issues
Blogs for Borders
Conservative Solutions
Conservative Voices
Defend Marriage -- Arkansas
FairTax
FairTax Nation
Arkansas for FairTax
Friends of the TEA Party in Arkansas
Freedom Roundtable
Pro-Life Rocks - Arkansas
Republican Network
Republican Liberty Caucus of AR
Reject the U.N.

Patriots
Exchange
Links

Request Via
Article Comment

Links to ARRA News
A Patriotic Nurse
Agora Associates
a12iggymom's Blog
America, You Asked For It!
Americans for a Free Republic
America's Best Choice
ARRA News Twitter
As The Crackerhead Crumbles
Blogs For Borders
Blogs for Palin
Blow the Trumpet Ministry
Boot Berryism
Cap'n Bob & the Damsel
Chicago Ray Report
Chuck Baldwin - links
Common Cents
Conservative Voices
Defeat Obama's Agenda
Diana's Corner
Greater Fitchburg For Life
Lasting Liberty Blog
Liberal Isn't Amy
Maggie's Notebook
Marathon Pundit
Patriot's Corner
Right on Issues that Matter
Right Reason
Rocking on the Right Side
Saber Point
Saline Watchdog
Secure Arkansas
Sultan Knish
The Blue Eye View
The Born Again Americans
TEA Party Cartoons
The Foxhole | Unapologetic Patriot
The Liberty Republican
The Lid
The Maritime Sentry
The O Word
The Path to Tyranny Blog
The Real Polichick
The War on Guns
TOTUS
Twitter @ARRA
Underground Notes
Warning Signs
Women's Prayer & Action
WyBlog

Editor's Managed Twitter Accounts
Twitter Dr. Bill Smith @arra
Twitter Arkansas @GOPNetwork
Twitter @BootBerryism
Twitter @SovereignAllies
Twitter @FairTaxNation

Editor's Recommended Orgs
Accuracy in Media (AIM)
American Action Forum (AAF)
American Committment
American Culture & Faith Institute
American Enterprise Institute
American Family Business Institute
Americans for Limited Government
Americans for Prosperity
Americans for Tax Reform
American Security Council Fdn
AR Faith & Ethics Council
Arkansas Policy Foundation
Ayn Rand Institute
Bill of Rights Institute
Campaign for Working Families
CATO Institute
Center for Individual Freedom
Center for Immigration Studies
Center for Just Society
Center for Freedom & Prosperity
Citizens Against Gov't Waste
Citizens in Charge Foundstion
Coalition for the Future American Worker
Competitive Enterprise Institute
Concerned Veterans for America
Concerned Women for America
Declaration of Am. Renewal
Eagle Forum
FairTax
Family Research Council
Family Security Matters
Franklin Center for Gov't & Public Integrity
Freedom Works
Gingrich Productions
Global Incident Map
Great Americans
Gold Standard 2012 Project
Gun Owners of America (GOA)
Heritage Action for America
David Horowitz Freedom Center
Institute For Justice
Institute for Truth in Accounting
Intercollegiate Studies Institute
Judicial Watch
Less Government
Media Reseach Center
National Center for Policy Analysis
National Right To Work Foundation
National Rifle Association (NRA)
National Rifle Association (NRA-ILA)
News Busters
O'Bluejacket's Patriotic Flicks
OathKeepers
Open Secrets
Presidential Prayer Team
Religious Freedom Coalition
Renew America
Ron Paul Institute
State Policy Network
Tax Foundation
Tax Policy Center
The Club for Growth
The Federalist
The Gold Standard Now
The Heritage Foundation
The Leadership Institute
Truth in Accounting
Union Facts



Blogs For Borders

Reject the United Nations

Adopt Our Troops in Prayer


Thousands of Deadly Islamic Terror Attacks Since 9/11


FairTax Nation on FaceBook
Friends of Israel - Stand with Israel
Blog Feeds
Syndicated - Get the ARRA News Service feed Syndicated!
ARRA Blog Feed

Add to Google Reader or Homepage

Add to The Free Dictionary

Powered by Blogger


  • To Exchange Links - Email: editor@arranewsservice.com!
  • Comments by contributing authors or other sources do not necessarily reflect the position the editor, other contributing authors, sources, readers, or commenters. No contributors, or editors are paid for articles, images, cartoons, etc. While having reported on and promoting beliefs associated with the former Arkansas Republican Assemblies (ARRA), this blog/site is controlled and supported by the editor. This site/blog does not advertise for money or services nor does it solicit funding for its support.
  • Fair Use: This site/blog may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. Such material is made available to advance understanding of political, human rights, economic, democracy, and social justice issues, etc. This constitutes a 'fair use' of such copyrighted material as provided for in section Title 17 U.S.C. Section 107 of the US Copyright Law. Per said section, the material on this site/blog is distributed without profit to readers to view for the expressed purpose of viewing the included information for research, educational, or satirical purposes. Any person/entity seeking to use copyrighted material shared on this site/blog for purposes that go beyond "fair use," must obtain permission from the copyright owner.
  • © 2006 - 2018 ARRA News Service
Creative Commons License
Creative Commons Attribution Noncommercial Share Alike 3.0 Unported License.