The more I read about China, the more I believe than the opening of our relationship with them should have gone a lot more slowly. What is the thinking here? If China plays a bigger role in the IMF, will some of that money it has be diverted away from its military buildup? I don't know. On a pure trade basis, we sell sell them technologically advanced items and they sell trinkets, tchotchkes, and toys. As a libertarian I really wan't to see less control on business, but the comservative side tells me that the bigger picture should be looked at. Many thought that if China were exposed to the West, that more democracy would follow. Apparently that's not what is happening. Corporations salivated over trillions of potential dollars without any thought to what China would do or where it would go with its new found wealth...and where would the state of American security would wind up.
Bump. Agreed.
Check out the Symposium on the China Threat at David Horowitz's FrontPage Magazine: China: Time Bomb Walking