Foolish Neocons underestimating China and wasting America's blood and treasure on the Middle East...
"As for the United States, for a relatively long time, it will be absolutely necessary that we quietly nurse our sense of vengeance. We must conceal our abilities and bide our time..." - General Mi Shenyu, Vice Commandant Beijing Academy of Military Sciences, 1996
"The first rule of unrestricted warfare is that there are no rules, with nothing forbidden." - Col. Qiao Liang and Col. Wang Xiangsui, China's People's Liberation Army, co-authors of "Unrestricted Warfare"
"Since World War II, the United States' biggest economic and trading partners have also been our closest political and military allies. China breaks that pattern." - The Washington Post, Jan. 30, 2004
"Wal-Mart, the U.S. retailer, now has more than 300 permanent buyers in China, and last year imported $12 billion of Chinese goods... if Wal-Mart were a country, it would rank ahead of Great Britain and Russia in total imports." - Irish Independent, Sept. 26, 2003
"Many economists believe that the Chinese currency is undervalued by as much as 40%, giving the country an unfair advantage in being able to underprice competitors in international markets." - The Washington Times, Dec. 10, 2003
"China, in violation of both its IMF and WTO obligations, is in fact manipulating its currency for trade advantage." - Roger Robinson Jr., Chairman, U.S.-China Economic and Security Review Commission, Oct. 30, 2003
"The labor-oriented Economic Policy Institute in Washington Estimates that Americans lost 344,000 jobs because of Chinese imports. And institute economist Robert Scott calls it 'the tip of the iceberg." - Milwaukee Journal Sentinel, Jan. 6, 2004
"America's growing reliance on high quality, low-price Chinese imports eventually might undermine the U.S. defense industrial base." - U.S.-China Economic and Security Review Commission Report
"China has the capacity, the willpower, the structure, and the command economy to rip the heart out of manufacturing growth in Europe and America over the next two decades." - Irish Independent, Sept. 26, 2003
"The United States is finding itself in the same shoes as Great Britain toward the end of the 19th century." - Kenneth Curtis, Senior Vice Chairman, Goldman Sachs
"The bond and securities markets are the mother lode of American finance capital. If Beijing taps that, there will be no end to the funds she can raise and almost no control over how they are used." - Pat Buchanan, Fmr. White House advisor, Apr. 4, 1997
"The big sword overhanging the U.S. economy...is the willingness of foreign bond holders (China) to hold U.S. debt." - The Vancouver Sun, Jan. 29, 2004
"All Beijing has to do is to mention the possibility of a sell order going down the wires. It would devastate the U.S. economy more than any nuclear strike." - Asia Times, Jan. 23, 2004
"We are beholden to the Chinese by our Treasury. That worries me." - Carla Hills, Fmr. U.S. Trade Representative
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