Tuesday, March 4, 2008

China's Defense Budget up 17.6 Percent

China continues to build up their military and threaten America without a wimper from our so-called leadership in Washington. It is the same kind of indifference that existed prior to 9-11. It will continue to be ignored until there is a conflict between our two sides, probably over Taiwan:

China's defense budget for 2008 will be up 17.6 percent from last year to more than $58 billion, a parliamentary spokesman announced Tuesday.

Jiang Enzhu, spokesman for the National People's Congress, whose session opens Wednesday, told reporters in Beijing the budget represents an increase of nearly $8.8 billion from last year's actual military spending, Xinhua reported.

Then there is the highly provocative hacking the Chinese are engaging in:
China rejected a U.S. report concluding that the Chinese military is secretly increasing spending to break into U.S. military computer systems, expand its Navy, and invest in intercontinental nuclear missiles and weapons to destroy satellites.

Speaking of Taiwan:
China warned Tuesday that Taiwanese President Chen Shui-bian will "pay a dear price" if he continues with current pro-independence plans.

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