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China’s Anti Access Future is Here
China’s may already be able to hold U.S. forces in the far western Pacific Ocean at bay, argues DT’s go to China expert and Naval War College professor Andrew Erickson in one of his latest analysis pieces.
While China can’t yet project serious military power around the globe — or even to the farthest corners of the Pacific — it’s massive military buildup may have given the nation enough muscle to create the anti-access/area denial scenario in its own neighborhood that Pentagon planners have been worrying about for several years. As Erickson says, the “the future is now.”
Here’s an excerpt from his piece titled, Near Seas “Anti-Navy” Capabilities, not Nascent Blue Water Fleet, Constitute China’s Core Challenge to U.S. and Regional Militaries.
Concerns about a Chinese “blue water navy” fundamentally mischaracterize the Read more…
BRICS Move To Replace Dollar With “Super-Sovereign” Global Currency
Brazil, Russia, India, China and South Africa launch attack to to replace the dollar with an single Chinese denominated “super-Sovereign” global currency.
As China is expected to rise to the status of a financial super power within the next 8 years and eclipse the US economy by 2020 Africa becomes center stage in the greatest currency war the world has seen since the 1930s which is now shifting into overdrive.
Brazil, Russia, India, China and South Africa, collectively known as the BRICS nations, are moving forward with their plan to unseat the US dollar from its throne as the global trade currency and to replace it with a Chinese denominated “super-sovereign” international currency.
This Geo-political game to establish global monetary dominance is by no means limited to the attack on the US dollar.
Instead this is merely the first strike of a concerted campaign of worldwide economic Read more…
Sino-India military exchanges to help build more trust: China
Days after India and China agreed to have maritime cooperation, Beijing has favoured greater military ties with New Delhi, saying such exchanges would help build more “confidence and trust” between the two countries.
“Exchanges between our militaries will help us build more confidence and trust with each other,” Deputy Director General of Asian Department in the Chinese Ministry of Foreign Affairs Sun Weidong said.
His remarks came ahead of President Hu Jintao’s visit to New Delhi from Wednesday to participate in the fourth BRICS (Brazil, Russia, India, China and South Africa) summit.
“Our military people are positive about military cooperation and exchange of visits with India. I think China and India are strategic partners military exchanges and cooperation are part of the partnership,” Sun said.
India had suspended Read more…
Military spending in South-East Asia
THE tiny island-state of Singapore, home to just over 5m people, has a well-deserved reputation as a quiet, clean-cut hub for banking, lawyering and golf. Yet beyond the fairways it bristles with weapons.
According to a report from the Stockholm International Peace Research Institute (SIPRI), Singapore is now the fifth-largest arms importer in the world, bested only by some obvious behemoths—China, India and Pakistan—plus South Korea. Singapore accounts for 4% of the world’s total spending on arms imports. Its defence spending per head beats every country bar America, Israel and Kuwait. This year $9.7 billion, or 24% of the national budget, will go on defence.
These are striking figures, but then Singapore has been one of the Read more…
Russia’s Anti-BMD Alliance?
Andrew Riedy
Russia is seeking to form an ad-hoc “coalition of the willing” to delegitimize U.S. ballistic missile defense (BMD) plans and paint the United States as a major threat to global stability. As part of this strategy, Moscow is preparing an all-out information campaign that it’s expected to unveil at a conference in Moscow on May 3 to 4 to highlight what it sees as the real reason for NATO and U.S. plans to deploy ballistic missile defenses to Europe and expand cooperation with countries like India and Japan, namely tipping the strategic balance in favor of Western Powers.
Russia is hoping to form a consolidated political group to stand with it in opposing U.S. and NATO BMD deployments, and any such coalition is likely to include China. But there are dangers to bringing Beijing on board that Moscow has either not accounted for, or is at least willing to accept.
As Manpreet Sethi suggested this week, BMD has long been an irritant in the U.S.-Russian relationship. The issue was regulated until 2002 by the 1972 Anti-Ballistic Missile Treaty, but since the United States unilaterally withdrew from the treaty, the BMD question has been a major Read more…
Saudi Arabia And China Team Up To Build A Gigantic New Oil Refinery – Is This The Beginning Of The End For The Petrodollar?
The largest oil exporter in the Middle East has teamed up with the second largest consumer of oil in the world (China) to build a gigantic new oil refinery and the mainstream media in the United States has barely even noticed it. This mammoth new refinery is scheduled to be fully operational in the Red Sea port city of Yanbu by 2014. Over the past several years, China has sought to aggressively expand trade with Saudi Arabia, and China now actually imports more oil from Saudi Arabia than the United States does. In February, China imported 1.39 million barrels of oil per day from Saudi Arabia. That was 39 percent higher than last February. So why is this important? Well, back in 1973 the United States and Saudi Arabia agreed that all oil sold by Saudi Arabia would be denominated in U.S. dollars. This petrodollar system was adopted by almost the entire world and it has Read more…
China Ups Military Spending
China’s announcement of a more than 11 percent increase in declared military spending, following two full decades of double-digit increases, raises several uncomfortable questions for Asia and the West. It’s natural for a rising power like China to develop capabilities to defend its expanding array of interests. On the other hand, China’s ascent has been made possible by a benign security environment that well served China’s goal of “peaceful development.” China’s growing military capabilities now threaten to upset that order in ways that, ironically, could complicate China’s security environment at the same time as slowing economic growth intensifies its internal challenges.China’s defense spending – now officially $106 billion but estimated by the Pentagon and independent researchers to be more than $160 billion – is on track to exceed that of all its Asian neighbors combined within a few years. This is particularly striking in light of a wider Asian arms race: India is the world’s Read more…
China’s Space Advances Worry US Military
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Video still showing China’s Shenzhou 8 spacecraft docked with the Tiangong 1 lab module on Nov. 3, 2011. CREDIT: China Central Television |
The rise of China’s space program may pose a potentially serious military threat to the United States down the road, top American intelligence officials contend.
China continues to develop technology designed to destroy or disable satellites, which makes the United States and other nations with considerable on-orbit assets nervous. Even Beijing’s ambitious human spaceflight plans are cause for some concern, since most space-technology advances could have military applications, officials say.
“The space program, including ostensible civil projects, supports China’s growing ability to Read more…
Pentagon knows China will be America’s greatest enemy starting in 2017
BRIC countries consider their own multilateral development bank
India is proposing the creation of a multilateral bank to exclusively finance projects in BRIC countries, Bloomberg reported.
Bloomberg cited an Indian official who told the news service the plan is likely to be discussed at this weekend’s Group of 20 finance ministers meeting in Mexico City. The official said the plan was in an early, exploratory phase but had been circulated among the BRICs and shared with South African officials, Bloomberg noted.
The BRIC countries are Brazil, Russia, India and China. As it’s described now, the proposed bank would be funded exclusively by developing nations and finance projects in only those nations.
Reuters reported that Brazilian finance minister Guido Mantega is sympathetic to the idea.
Emerging market economies have in recent years become a larger driver of global growth than more established markets. They have been pushing for greater representation at the World Bank and IMF as their clout in the global economy has grown.
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