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Another National Security Threat
Campus Report ^ | July 8, 2008 | Melinda Zosh

Posted on 07/08/2008 1:45:46 PM PDT by bs9021

Another National Security Threat by: Melinda Zosh, July 08, 2008

With the Olympics quickly approaching, the world’s eyes are on China and its rising power as a world influence.

Experts at the Heritage Foundation recently said that China now has the third largest economy in the world; it is the second largest after the U.S.

In addition, 2003 marked the first year China’s GDP reached over one trillion dollars; it hit 1.4 trillion dollars, to be exact. China is a top steel, aluminum and fine copper producer. It has the world’s second largest auto market.

But even more importantly, China is the biggest producer of information-technology (IT) products, according to the panelists. And by IT, they don’t just mean producing computers; they mean intelligence or cyber-spying.

“China will soon surpass the U.S. in the critical ability to develop science and technology and to turn science into marketable products,” said John Tkacik, a Senior Fellow at Heritage, quoting from a study conducted by Georgia Institute of Technology.

Jim O’Neill, CEO of CompuDyne Corporation, spoke about “Technology’s Role in Addressing National and Global Priorities” in Baltimore, Md. He argues that apathy toward math and science is preventing the production of “marketable products.”

O’Neill said that America may be losing its technological advantage in the global market. He said that “mastering the governing commodity” of an era is the key to being number one. However, America’s “governing commodity” is no longer technology. It is intelligence, according to O’Neill.

“For many decades, up until thirty or forty years ago, the governing commodity of our age was industrial capacity,” said O’Neill. “On December 7, 1941, the Imperial Japanese Navy had ten aircraft carriers to our seven. By war’s end…they had four still floating and we had a hundred.”...

(Excerpt) Read more at campusreportonline.net ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; War on Terror
KEYWORDS: china; globalism; science; technology

1 posted on 07/08/2008 1:45:47 PM PDT by bs9021
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To: bs9021
Don't worry. Obama has the answer. Civilian National Security Force
2 posted on 07/08/2008 2:04:34 PM PDT by TigersEye (Berlin '36 Olympics for murdering regimes Beijing '08)
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To: bs9021
The vast majority of what China claims as their own in the high tech game is STOLEN! They may modify many things but initial design and development is not their strong point. They want it, they STEAL it!
3 posted on 07/08/2008 2:16:16 PM PDT by WellyP (How much does Huma know?)
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