Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (13297)	8/15/2007 1:12:29 PM
From: Ann Corrigan	Respond to of 224729

That's true. Does the US Navy Secy live in a dreamworld or is he sending a message to China from Pres Bush?: >US Navy Secretary says China must be transparent on naval build-up Wed Aug 15, 2007 By Rob Taylor CANBERRA (Reuters) - China must be more transparent about its military intentions and naval build-up in the Asia-Pacific to ease strategic concerns, U.S. Navy Secretary Donald C. Winter said on Wednesday during a visit to Australia. "We continue to take a look at China and try to understand what the Chinese intent is," Winter told reporters in Canberra. "The level of transparency comes up all the time and we're trying to understand not only what it is that they're doing, but why they are doing it. China and the United States have long sparred over the nature of China's military development, with Washington saying it is trying to project its growing power and Beijing maintaining its armed forces are geared for self-defense only. China in March said it would boost defense spending by 17.8 percent to about $45 billion this year, but a Pentagon report in May said Beijing's total military-related spending could more than double that. China's navy is rapidly modernizing and transforming from a coastal force into a bluewater naval power with more than 20 new amphibious assault ships and nuclear-powered attack submarines. A new type of nuclear-powered ballistic missile submarine equipped with sea-launched intercontinental ballistic missiles is currently undergoing sea trials. Australia, a close U.S. ally, has regularly distanced itself from American concerns that China's military and economic rise was likely to stir regional conflict. But a recent Australian defense paper said China's build-up could create instability. Two Chinese naval ships are to visit Sydney in September to hold a joint rescue exercise with Australia and New Zealand to boost military cooperation.<