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US Sides with Japan on Disputed Islands: Beijing says its a betrayal, orders troops combat ready, could cash in on US debt for equity
Ms Sans Serif
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[quote:Dr. Charles Norris:MV8yMTE2NjQ0XzM1Njk3Mzc2X0QxQUI5NjlF] [quote:Anonymous Coward 32715180:MV8yMTE2NjQ0XzM1Njk3MDM5XzI3M0VGMDUy] [quote:Anonymous Coward 32583415:MV8yMTE2NjQ0XzM1Njk1MDU2XzRCRDI4MkNF] [quote:Anonymous Coward 27554241:MV8yMTE2NjQ0XzM1Njk0ODg1X0QxREE5QkU0] [quote:kulo 32228659:MV8yMTE2NjQ0XzM1Njk0NjUzXzg3ODk2RDk2] Fukushima is a lot less of a potential hazard to the population of Japan than the upcoming implosion of China's economy as the housing bubble bursts. Also all this rhubarb about China owning all US debt is a fallacy, its actually 8%. [/quote] Yeah right. Japanese economy is in so much great shape by desperately printing trllions yen out of thin air and expecting a rebund miracle from lost decades. So impressed. Yeah. US debt is not a problem at all, why not give every citizen of the US 1 trllion coin to pay off each other's debt. Then you would be having any bills in the future. Retard. [/quote] CHINA 'OWNS' A SMALL PORTION OF U.S. DEBT. By far, most U.S. debt is domestic not foreign serviced. [/quote] Source? [/quote] [i]"The largest portion of U.S. debt, 68 cents for every dollar or about $10 trillion, is owned by individual investors, corporations, state and local governments and, yes, even foreign governments such as China that hold Treasury bills, notes and bonds. Foreign governments hold about 46 percent of all U.S. debt held by the public, more than $4.5 trillion. The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury. In total, China owns about 8 percent of publicly held U.S. debt. Of all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund's holdings of nearly $3 trillion and the Federal Reserve's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy."[/i] http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm [/quote]
BEIJING: Amid rising tensions with Japan over disputed islands, Chinese army in a bid to scale up battle readiness has ordered its armed helicopters to shift focus from logistic missions and gear up for combat operations.
The People's Liberation Army (PLA) planned to change the training strategy of its army aviation unit as more and more armed helicopters joined the service, PLA Daily which is the official newspaper of the military quoted an army aviation unit as saying.
The focus of army aviation unit will be shifted from logistics missions to combat ones, from building the capacity for non-war military actions to core military actions, state-run Xinhua news agency quoted the daily as saying.
link to timesofindia.indiatimes.com
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