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News Summary: With Chinese developing much more quickly, militarily than economically, it is apparent that sooner than later US will come in conflict with China. Economically, China has made tremendous progress in last 20 years, but its economy is dependent on consumer goods exports. As a matter of fact, power lies with the consuming nations, which also control the money supply. Producer is always dependent on them. That is where China’s economic weakness is apparent. What US fears most of China is not its ec.....read more in: US needs Friends in Asia
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US needs Friends in Asia |
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