The US pursues a strategy of military-driven empire building while Asian global power is driven by dynamic economic growth. China and South Korea are now competing with the US for global power. Pretty soon Frank, Lee and TB will be banking around the corner at the local bank of Shanghai.

China entices the world's consumers.
US global wars provoke terrorists here and abroad.

From the Financial Times:December 28, 2009:

1. Washington pursues minor military clients in Asia; while China expands its trading and investment agreements with major economic partners – Russia, Japan, South Korea and elsewhere.

2. Washington drains the domestic economy to finance overseas wars. China extracts minerals and energy resources to create its domestic job market in manufacturing.

3. The US invests in military technology to target local insurgents challenging US client regimes; China invests in civilian technology to create competitive exports.

4. China begins to restructure its economy toward developing the country's interior and allocates greater social spending to redress its gross imbalances and inequalities while the US rescues and reinforces the parasitical financial sector, which plundered industries (strips assets via mergers and acquisitions) and speculates on financial objectives with no impact on employment, productivity or competitiveness.

5. The US multiplies wars and troop build-ups in the Middle East, South Asia, the Horn of Africa and Caribbean; China provides investments and loans of over $25 billion dollars in building infrastructure, mineral extraction, energy production and assembly plants in Africa.

6. China signs multi-billion dollar trade and investment agreements with Iran, Venezuela, Brazil, Argentina, Chile, Peru and Bolivia, securing access to strategic energy, mineral and agricultural resources; Washington provides $6 billion in military aid to Colombia, secures seven military bases from President Uribe (to threaten Venezuela), backs a military coup in tiny Honduras and denounces Brazil and Bolivia for diversifying its economic ties with Iran.

7. China increases economic relations with dynamic Latin American economies, incorporating over 80% of the continent's population; the US partners with the failed state of Mexico, which has the worst economic performance in the hemisphere and where powerful drug cartels control wide regions and penetrate deep into the state apparatus.

Link here:
www.globalresearch.ca/index.php?context=va&aid=16754
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