Playing geonomics in Asia
The American Spectator
by Doug Bandow
06/07/06
The Pentagon has just issued its latest assessment of China's military strength, warning of Beijing's growing power. But China's primary challenge to the U.S. in East Asia today is economic. Thus, the best way to respond is through economic means. South Korea wants a free trade agreement with Washington, over which negotiations began this week. Unfortunately, this year is not a politically propitious time for further opening international markets -- the Doha round of the World Trade Organization talks has been a bust and nearly a dozen proposed bilateral accords are fighting for attention. But if the U.S. fails to move forward on Korea Washington will find itself left further behind the People's Republic of China...
http://www.spectator.org/dsp_article.asp?art_id=9921
Informant: Thomas L. Knapp
by Doug Bandow
06/07/06
The Pentagon has just issued its latest assessment of China's military strength, warning of Beijing's growing power. But China's primary challenge to the U.S. in East Asia today is economic. Thus, the best way to respond is through economic means. South Korea wants a free trade agreement with Washington, over which negotiations began this week. Unfortunately, this year is not a politically propitious time for further opening international markets -- the Doha round of the World Trade Organization talks has been a bust and nearly a dozen proposed bilateral accords are fighting for attention. But if the U.S. fails to move forward on Korea Washington will find itself left further behind the People's Republic of China...
http://www.spectator.org/dsp_article.asp?art_id=9921
Informant: Thomas L. Knapp
rudkla - 7. Jun, 17:57