— The Erimtan Angle —

‘The Pentagon is warning that China’s investments in its own military are threatening the US’ superiority. Although the US spends vastly more on its armed forces than all other nations, China is rapidly catching up with new technologies and advanced hardware. RT’s Alexey Yaroshevsky takes a look (11 November 2014)’.

And then there is this: ‘The growing U.S. national debt is problematic. And it’s no secret that China owns a lot of it. How much U.S. debt has China purchased? (11 November 2014)’.

Meanwhile, the Prez (aka Barack Obama) has been on the move again, as reported by the New York Times: “President Obama arrived [in China] on Monday morning [, 10 November 2014]  for a three-day visit that will capture the complexities of the United States-China relationship: the tensions of a rising power confronting an established one, as well as the promise that the world’s two largest economies could find common cause on issues like climate change”.[1]  And he met Chinese President Xi Jinping on Wednesday, 12 November. Before hand, the President Xi said the following, as reported by Xinhua: “China would like to work with the United States to implement the principle of no conflict, no confrontation, mutual respect, cooperation and common prosperity and make new type of major-country relations between the two countries produce more benefits to people in the two countries and the world,” adding significantly, “I will make joint efforts with President Obama”.[2]

[1] Mark Landler, “Obama Arrives in China on Trip With Complex Agenda” The New York Times (09 November 2014). http://www.nytimes.com/2014/11/10/world/asia/obama-arrives-in-china-on-trip-with-complex-agenda.html?_r=0.

[2] “Xi talks with Obama, pledges commitment to new-type of major-country relations” Xinhua (12 November 2014). http://www.globaltimes.cn/content/891403.shtml.

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