Resource Grab Threatens World Stability
October 10th, 2010
India and China are growing world powers with China out in the lead at this time. China has rapidly expanded its access to world resources, taking advantage of the NATO military shield. Now that there is no cold war, there are many mini wars going on mostly over trade and access to resources. The world is not as dangerous as it may have been when the US and the Soviet Union were threatening to blow one another up. But the world keeps arming with the USA by far out in the lead.
We live in an age of almost instant communications. Yet there are secret agencies, and not so secret strategic policy planners in most countries determined to play out wars of conquest, now more than ever over the balance of trade and the access to resources, production facilities and markets. The USA has taken the key role of financial and military arbitrage. China has taken on the role of production facility for the world. India is becoming the High tech research back office, Japan and Germany are still the high tech producers.
But there is a major problem. The worlds resources are limited and it is questionable what standard of living will be achieved before oil in particular runs out. The USA and Europe are there so to speak and the rest of the world is clawing its way up the capitalist ladder to get to the material standards of a 1950's Hollywood movie view of prosperity.
This is not the 1950's and we are just about at peak oil. The big countries leaders are like a group of sharks swimming around the carcass of a dead milk cow that is now beginning to stink. Meanwhile the players continue to scheme and dream as if nothing is happening.
We the people of the world must demand an end to this dangerous military-economic game. It will not end as long as nation states are out there looking out for numero uno. We need a true United Nations and for that to word there has to be massive disarmament and some form of international socialism. We may be on the way there but the nation states are still playing hard and for keeps. Someone has to step up and stop the nonsense. The time has come to take care of the people of the world first and stop spending so much on plans to blow one another up.
This from Al Jazeera
China and Turkey eye trade boost
Two of the world's fastest growing economies aim to triple bilateral trade to $50bn within five years.
Last Modified: 10 Oct 2010 16:02 GMT
China and Turkey intend to raise their trade to $50bn by 2015 from an expected $17bn this year [EPA]
Turkey was the last stop on Wen's European tour, which took him to Greece, Belgium and Brussels.
Turkey's ties with China have been strained at times, notably over Beijing's approach to unrest in Xinjiang, home to China's Muslim Turkish minority Uighurs.
The two leaders did not, however, address one of the few areas of tension in bilateral ties.
Wen's tour of Europe was also overshadowed by a dispute with the European Union and the US over the level of the yuan.
In the Greek capital Athens, he pledged investment and support to debt-stricken Greece and announced the creation of a $5bn fund to help finance the purchase of Chinese ships by Greek shipping companies.
In Brussels, Wen fended off European pressure to raise the value of the yuan before sealing business deals worth $3.15bn in Rome.
One of the agreements would open the way for the joint construction of 4,500km of railway in Turkey, Erdogan said, adding that efforts would now focus on finding the necessary finance for the project.
Chinese companies are already involved in the construction of railroads for two high-speed train links, he added.
Turkey and China are also involved in projects to build oil pipelines from Iran.
Turkish newspapers reported last week that Chinese warplanes took part in a military training exercise at an airbase in central Turkey, in what appeared to be the first such drill involving Beijing and a Nato member country.
"To the best of our knowledge, US-made F-16s were not involved in the exercise," Lieutenant Colonel Tamara Parker, a defence department spokeswoman, said on Friday.
For more
http://english.aljazeera.net/business/2010/10/2010101011238154634.html
Indian concerns over China.
http://tvnz.co.nz/world-news/india-warns-china-expansion-3765378
India Predicted Dominant Economy in 100 years.
http://seekingalpha.com/article/229265-india-will-be-1-even-sooner-than-i-thought
Economists on India Vs. China
http://www.businessweek.com/magazine/content/05_34/b3948421.htm
http://www.economist.com/node/16846256
China in Australia, Going For World Resources
From Seeking Alpha
"China has no hidden agenda in its quest for natural resources. It recognizes that the world's natural resources are finite, and it recognizes its own strengths and weaknesses. China also recognizes that the best use of the capital it accumulated and the technologies it got in exchange for exporting cheap labor is the acquiring control of as much of the world's natural resources as possible."
For more of this article
http://seekingalpha.com/article/135731-china-and-india-vie-for-the-world-s-natural-resources-part-1-china-in-australia
India tries to play catch up with China in World Resource scramble. Bloomberg
"March 17 (Bloomberg) — India, with $254 billion of foreign-exchange reserves, may create a sovereign wealth fund to help state companies compete for overseas energy assets with China, a government official said.
China, with $2.4 trillion of reserves and a $300 billion sovereign fund, has outpaced India in the global quest for resources to feed the world's fastest-growing major economies. Chinese companies spent a record $32 billion last year buying oil, coal and metals assets abroad, while a $2.1 billion investment by ONGC was India's sole energy acquisition."
For more of this article
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a.pCS_mI.5mU&pos=5
US Vs. China in Global resource scramble. From Combined Arms Center Blog.
"This past August Iraq and China signed a $3 billion contract to develop a large Iraqi oil field, the first major commercial oil contract Iraq has made with a foreign company since the 2003 U.S.-led invasion. How ironic is that? The U.S. invades and occupies Iraq and then, after most of the blood has been mopped up, the Chinese arrive to partner with the Iraqis.
These two powerful nations are making their presence known over the entire globe but they are doing it in dramatically different ways. In the quest to acquire precious natural resources, primarily oil, the world watches as the Chinese appear before nations with contracts in hand while the U.S. appears before certain selected nations with bullets and bombs in hand. That is certainly a unique example of contrasting methods of persuasion.
This difference in strategies was stated in similar terms when, writing in The Nation 11/17/09, Robert Dreyfuss quotes a high Chinese official who said, "When America talks about strategy, it implies military, security, confrontation. In China, we have a much broader view of the idea of 'strategy.' We mean something that is long-term and systematic." He could not have portrayed the situation any better."
For more of this article
http://usacac.army.mil/blog/blogs/fight/archive/2009/12/07/china-vs-u-s-economic-power-vs-military-might-which-will-prevail-by-michael-payne.aspx
Russia tries to strengthen its role in India Defense as counter to China.
http://www.china-daily.org/Mil-News/Experts-suggest-that-the-transfer-of-Russian-Oscar-II-submarine-to-India-against-China/
US develops closer ties to India, China concerned.
http://www.southasiaanalysis.org/%5Cpapers35%5Cpaper3430.html
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