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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (18754)	5/25/2007 10:45:44 AM
From: gg cox	Read Replies (2) \| Respond to of 218602

""....But remembering the cost of all this, it should be emphasized that China's current account surplus grew by $136 billion in the first three months of this year. At that rate, they could afford to build a 10-carrier fleet with just half of this year's surplus. And last week, Credit Suisse estimated that China's total war chest, or rather its total reserves, could hit $2 trillion, or $2,000 billion, by the end of next year. As China decides whether it wants to take the risk of challenging the United States for the command of the seas, or even just for the command of the waters around Taiwan, money will be no object."" Message 23571128