This is summary from times magazine 2007 (title is my own as i forget the article one)
Part of the article:
- talks about china investing in other resource rich country like Africa etc.
- not likely to go to war cos its economy good.. war will destroy it. but china is investing a lot in military. 300 percent more over the years.
- US do not have leverage in China like they did in Soviet Union. China has a lot of US currencies and that Soviet Union are starve for US funds.
- china do not like other country to interfere with its domestic issues. because of this, china in turn did not interfere with countries that they are dealing with. eg china loan 2billion to zimbabwe's mugabe that others say are violating human rights issue.
- as a powerful country with big influence in the world, currently china give no clear indication that they will support major issue in the world but one indication is clear is that China make decision to protect its interest (china is a nation starving for natural resources). eg: china support the sanction in north korea due to the nuclear test over there. this is because they find that north korea is a threat more than to support the UN. then later china object the sanction in iran because china invest US18billion there. while Zimbabwe's Mugabe is late in giving back loan to UN, China did not hesitate to loan them 2billion. other countries question china action in zimbabwe.
- China is also slow in combating intellectual property rights. US make a report to WTO that China is violating the intellectual property law. China take some action against the ppl that sell pirated cd for few days but are not strict to them. Instead of the ppl selling pirated cd reduce, they increase. For 60 cent u can buy a cd and due to intense competition each vendors earn abt 13 cent only.
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