05-24-2006, 04:53 AM
Oh, surprise surprise. Walmart is part of a cash pipeline of billions into China directly and here is what China's doing with it.
http://www.cnn.com/2006/US/05/23/pentago...index.html
WASHINGTON (CNN) -- China's rapid military buildup could throw off the balance of power in Asia and threaten other countries in the region, according to a Pentagon report on China's military power.
The Pentagon's annual report to Congress says the country's consistent defense spending on aircraft, missiles and ships means China is ever closer to a longer-range military reach.
"Several aspects of China's military development have surprised U.S. analysts, including the pace and scope of its strategic forces modernization," the report says. "China's military expansion is already such as to alter regional military balances."
http://www.cnn.com/2006/US/05/23/pentago...index.html
WASHINGTON (CNN) -- China's rapid military buildup could throw off the balance of power in Asia and threaten other countries in the region, according to a Pentagon report on China's military power.
The Pentagon's annual report to Congress says the country's consistent defense spending on aircraft, missiles and ships means China is ever closer to a longer-range military reach.
"Several aspects of China's military development have surprised U.S. analysts, including the pace and scope of its strategic forces modernization," the report says. "China's military expansion is already such as to alter regional military balances."