US & China Tension – CNN

IT’S AN AD DESIGNED TO SPARK FEAR. SET IN A CLASSROOM OF THE FUTURE.. THE UNITED STATES IN 2030…A US NOW DOMINATED BY CHINA. IT’S DELIBERATELY SINISTER AND PROVOCATIVELY ANTI CHINA PUT OUT BY THE CONSERVATIVE GROUP ‘CITIZENS AGAINST GOVERNMENT WASTE’. BUT IT TAPS INTO REAL CONCERN. IN A WEEK WHERE CHINA HAS MOVED SHARE MARKETS AND SPARKED FEARS OF A TRADE WAR, THE BATTLE LINES ARE BEING DRAWN…FROM US PRESIDENT BARACK OBAMA ON DOWN. “I am for trade but it has to be reciprocal if you want to sell cars here in the United States then we got to be able to sell cars in your market” BUT THERE’S A NEW LEADER EMERGING IN CHINA TOO. XI JINPING JUST THIS WEEK APPOINTED TO THE KEY MILITARY COMMISSION – A SIGN HE WILL TAKE OVER FROM PREISDENT HU JINTAO IN 2012. THIS IS A MAN WHO HAS MADE IT CLEAR IN ONE OF HIS RARE PUBLIC COMMENTS, WON’T BE PUSHED AROUND. “There are some bored foreigners, with full stomachs, who have nothing better to do than point fingers at China.” AND THERE’S A LOT AT STAKE. CHINA’S FIRST INTEREST RATE RISE IN 3 YEARS SAW MARKETS DROP AROUND THE WORLD. 48 HOURS LATER MARKETS MOVED AGAIN ON NEWS THAT CHINA’S ECONOMY DESPITE SLOWING, IS STILL GROWING AT AROUND 10 PERCENT. THAT DWARFS THE MAJOR WORLD ECONOMIES…ALL THE MORE REMARKABLE IN SUCH TURBULENT TIMES. THE ENVY OF THE WORLD…AND NOW MIXED WITH FEAR. IT’S ALL ABOUT RARE EARTH…ELEMENTS ESSENTIAL IN MODERN TECHNOLOGY FROM PHONES TO MISSILES. CHINA SUPPLIES MORE THAN 95 PERCENT OF THE WORLD’S MARKET. THE US …
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