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China-Japan-Koreas
Violent unrest rocks China as crisis hits
2009-02-02
Bankruptcies, unemployment and social unrest are spreading more widely in China than officially reported, according to independent research that paints an ominous picture for the world economy. The global economic crisis has scythed through exports and set off dozens of protests that are never mentioned by the state media.

While troubling for the Chinese government, this should strengthen the argument of Premier Wen Jiabao, who will say on a visit to London this week that his country faces enormous problems and cannot let its currency rise in response to American demands. The new US Treasury secretary, Timothy Geithner, has alarmed Beijing and raised fears of a trade war by stating that China manipulates the yuan to promote exports.

However, a growing number of economists say the unrest proves that it is not the exchange rate but years of sweatshop wages and income inequality in China that have distorted global competition and stifled domestic demand. The influential Far Eastern Economic Review headlined its latest issue “The coming crack-up of the China Model”.
Posted by:Nimble Spemble

#2  PAKISTANI DEFNSE FORUMS > CHINA "HELPS" OTHER ASIAN COUNTRIES: INDIA ANGERED, at CHIN PCORRECT "STRATEGIC ISOLATION/CONTAINMENT" OF INDIA VIA IRRAWADDY CORRIDOR [China's YUNAN Province down to CHIN-DEV/PROTECTED NEW MYANMAR/BURMESE PORTS IN BAY OF BENGAL], + CHIN EXPANSION OF ITS NEW EAST-WEST RAILROAD CORRIDOR THRU TIBET TO near IRAN-PAK [bypasses NORTHERN INDIA].

SAME > INDIA'S BJP: CHINA POSES NEW STRATEGIC CHALLENGES [Pan-Asia/Global Military, Economic, Geopolitical] TO INDIA; + INDIA WARY OF OBAMA'S SOUTH ASIA FOCUS [ex-POTUS DUBYA routinely prioritized INDIA + INDIA's INTERESTS VEE MUSLIMS, CHINA - OBAMA?].

* WORLD MIL FORUM > CHINA UPSET AT NEW PAKISTANI GOVT'S PRO-US/WESTERN "NEUTRAL" POLICY [China doesn't want to share Pakistan wid US = US-NATO].
Posted by: JosephMendiola   2009-02-02 23:57  

#1  ION CHINA, WORLD MIL FORUM > THE PHILIPPINES VIOLATES CHINA'S SOVEREIGNTY: PHILIPPINE SENATE PASSES LEGISLATIVE BILL SUPPORTING DEVELOPMENT IN SPRATLEY AND SCARBOROUGH REEF ISLANDS CLAIMED BY CHINA [Chin = Nansha + Huangyan Islands].

WMF Posters > demanded that, besides CHINA USING MIL FORCE TO DEFEND CHINA'S RIGHTS TO SAID ISLANDS AGZ PHILIPPINE ENCROACHMENT, that the PHILIPPINES PER SE SHOULD BECOME A FUTURE NEW PROVINCE OF MAINLAND CHINA.

* SAME > INDIAN DEFENSE MINISTER: CHINA'S [covert = subtle]"STAR WARS" WEAPONIZATION OF SPACE POSES A REALIST/DIRECT AND NEW STRATEGIC THREAT TO INDIA, besides offensive posture of Chin PLA forces in Tibet, Chin PLAN/PLAAF new milbases in HAINAN Island, Ballistic Missles = ICBMS IRBMS, etc.; + JAPANESE MEDIA: CHINA's PROPOSED "SHENZHOU
#8" SPACECRAFT [Year 2010 launch] HAS A COVERT "SPACE BOMBER" MILITARY ROLE!?
Posted by: JosephMendiola   2009-02-02 23:39  

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