Dear colleagues,

There are discussions and negotiations going on between the US and China as a result of the US superpower turning on the military developments on both sides, even though China, in its planned economy, has maintained a purely defensive budget to protect its territory and now appears to be expanding its defenses to include the China Seas.  This has been provoked by free movements of military naval ships in the waters, which includes getting Vietnam to allow all ships to stop in their ports.

The development of a bi-polar world in this century is inevitable because of the rise of China as an economic power and not in the direction of emulating superpower, which includes massive military arms and aggression.  China never sent a soldier out of its country in five thousand years (with two weeks of exception in 1957 which were withdrawn under the direction of the UN).  The main difference between the two countries lies in their economic structuring.  In the United States, it all depends on investments based upon profitability for individual capitalist enterprises.  On the other hand, in China, the economic development of the country is based upon a national plan, in 5-year divisions, and overrides all investments and social expenditures.  These really are two kinds of economies.  One, in fact, has made the military a major factor in its own productivity while neglecting industrial development for its citizens.  In China, it is quite the opposite and will continue to be that way in the hopes that the current conference that is taking place, which was projected by the April 2nd, 2010 annual budget of the Pentagon, will be harnessed and bring sensibility and diplomacy to US-China relations, notwithstanding national differences.

The President of China is, at this moment, in conference with President Obama (we believe in order to develop diplomatic arrangements to deal with economic differences and avoid military conflict).  In this regard, we have just received the Beijing Review, which contains two articles that will clearly introduce you to China’s economic plans.  The subjects are “Mapping A Steady Course” and “A New Way To Trade”.  We are sending you copies and would appreciate you comments.

Sincerely,

Sidney Gluck

Click HERE to view “A New Way To Trade” at http://www.bjreview.com.cn/business/txt/2010-12/17/content_319913.htm

Click HERE to view “Mapping A Steady Course” at  http://www.bjreview.com.cn/Cover_Story_Series/2010-12/20/content_321756.htm

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