The NIC notes that this transformation of world politics is the result of a massive transfer of wealth from West to East, from Europe and North America to Asia. The United States has transferred $1.2 trillion to China since 2001 by running massive trade deficits. These deficits have not only given Beijing the largest currency [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
New Reports Cite China’s Dangerous Rise
Posted by Matt in November 25th, 2008 | no comment
Published in China, American Factories, Asia, Authoritarian Rule, beijing, China Economic, Chinese Industry, Congress, Consumers, Currency Reserves, Europe, Massive Transfer, National Security Interests, New Technology, North America, Security Review, Steady Influx, Trade Deficits, Transformation, Trillion, World Politics
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