Senior Chinese Military Officers Propose Selling US Treasuries

ppteam

Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.

    The calls for broad retaliation over the planned U.S. weapons sales to the disputed island came from officers at China's National Defence University and Academy of Military Sciences, interviewed by Outlook Weekly, a Chinese-language magazine published by the official Xinhua news agency.

    The interviews with Major Generals Zhu Chenghu and Luo Yuan and Senior Colonel Ke Chunqiao appeared in the issue published on Monday.

    The People's Liberation Army (PLA) plays no role in setting policy for China's foreign exchange holdings. Officials in charge of that area have given no sign of any moves to sell U.S. Treasury bonds over the weapons sales, a move that could alarm markets and damage the value of China's own holdings.

    While far from representing fixed government policy, the open demands for retaliation by the PLA officers underscored the domestic pressures on Beijing to deliver on its threats to punish the Obama administration over the arms sales.

    "Our retaliation should not be restricted to merely military matters, and we should adopt a strategic package of counter-punches covering politics, military affairs, diplomacy and economics to treat both the symptoms and root cause of this disease," said Luo Yuan, a researcher at the Academy of Military Sciences.

    Chinese has blasted the United States over the planned $6.4 billion arms package for Taiwan unveiled in late January, saying it will sanction U.S. firms that sell weapons to the self-ruled island that Beijing considers a breakaway province of China.

    China is likely to unveil its official military budget for 2010 next month, when the Communist Party-controlled national parliament meets for its annual session.

    The PLA officers suggested that budget should mirror China's ire toward Washington.

    "Clearly propose that due to the threat in the Taiwan Sea, we are increasing military spending," said Luo.

    Last year, the government set the official military budget at 480.7 billion yuan ($70.4 billion), a 14.9 percent rise on the one in 2008, continuing a nearly unbroken succession of double-digit increases over more than two decades.

6th-Sense

1# ppteam


中国就应该大大的增加军费。。。没必要搞的缩头缩脑。。。一天到晚跟流氓强盗讲孔蒙，讲仁义道德有鸟用，这世界，惟有拳头靠的住哈。。。

ranchgirl

spo

我们用拳头对付敌人，然后要求敌人用孔孟对待我们。就像美国利用民主那样。

1# ppteam


中国就应该大大的增加军费。。。没必要搞的缩头缩脑。。。一天到晚跟流氓强盗讲孔蒙，讲仁义道德有鸟用，这世界，惟有拳头靠的住哈。。。
6th-Sense 发表于 2010-2-9 21:24

tonghu

中国不缺钱也不缺人， 就是汉奸太多， 没法子啊

1# ppteam


中国就应该大大的增加军费。。。没必要搞的缩头缩脑。。。一天到晚跟流氓强盗讲孔蒙，讲仁义道德有鸟用，这世界，惟有拳头靠的住哈。。。
6th-Sense 发表于 2010-2-9 21:24

6th-Sense

我们用拳头对付敌人，然后要求敌人用孔孟对待我们。就像美国利用民主那样。


spo 发表于 2010-2-9 22:27

如果能这样。。。中国就有救了。 孔老二在家天下的中国几千年来能被历代帝王推重，最重要的功能就是愚民， 而不是使民智得以开发，国家得以强大发展，思想得到多样化的大发展。 最后搞的晚清四亿七千万 ＂人众多，但无人杰， 奈何?!（李鸿章日本谈判时对话日相依腾博文）＂。。。

BlueRiver

venting the status quo doesn't help, dud.

The treasuries China holds ( probably 1T ? ) is about 1 week's transaction volume of the debt market

spo

一个星期的量里面，有多少是买进卖出投机倒把？这些都没有政治上的战略意义

venting the status quo doesn't help, dud.

The treasuries China holds ( probably 1T ? ) is about 1 week's transaction volume of the debt market
BlueRiver 发表于 2010-2-9 22:51