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Friday, October 13, 2006
Cliff May :: Townhall.com Columnist
Breaking China
by Cliff May
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For example, it should be made clear to China's leaders that if they won't stand in the way of a nuclear North Korea, we won't stand in the way of a nuclear Japan – on the contrary, we will strongly encourage such a development. And perhaps Taiwan, too, might be assisted along this path. Free and democratic countries, we should explain, have the right to deter and defend themselves from dictatorships with hostile intentions and escalating capabilities.

China's leaders also should be informed that Washington will consider what steps might be taken to push the North Korean regime closer to the collapse it so richly deserves. If that happens, Chinese officials will have a huge refugee crisis to cope with, as well as an opportunity to try their hands at “nation-building.”

The 2008 Olympics should be in play. China is hosting the games. They will be less than a smashing success if athletes from the United States and its allies decline to attend.

Lastly, we should remind China that the vibrant economic growth it has experienced in recent years has depended largely on its access to American markets. That, too, will be in jeopardy if China refuses to cooperate. European nations might put principle over profits, too – unlikely but not unimaginable.

On more than one occasion, President Bush has said that the world's worst dictators must not be permitted to acquire the world's most dangerous weapons. On this issue if no other Bush deserves bipartisan support.

It must be demonstrated to China's leaders that Americans are serious about not letting rogue regimes acquire nuclear weapons. Iran's rulers also need to see that there are limits beyond which Americans will not be pushed.

The alternative is for maniacs and tyrants to soon be strutting the world stage waving nuclear weapons at us. Based on Chekhov or just common sense, we should have no illusions about how such dramas end.

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About The Author

Clifford D. May is the President of the Foundation for the Defense of Democracies.

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Russia and China
Write this down,...some time in the not too distant future Russia and China will be two of the biggest threats to attack the United States. China more than Russia at the present time, but both are far from friends of ours. Of course the radical Islamic groups have the primary intent to destroy us and kill everyone that rejects their religion. We all need to use our heads when we go to the polls in November and beyond.

American Debt
...in Chinese hands is a concern, but the pain of calling on that debit would be felt just as keenly by the creditor as by the debtor.

In other words, China has risked billions of dollars of capital to finance U.S. debt. It will lose those billions if the U.S. defaults. Think of this in terms of a personal loan (without any collateral or tangible items to re-possess.) If you lend someone thousands of dollars and then call in their loan at a time when they could afford the payments but could not afford to pay off the entire amount, then that person is forced into bankruptcy and you get a fraction of the money you lent them. Your bottom line is a huge net loss. This is essentially China's situation with regards to the U.S. Now, whether they realize this is another question, but any attempt to push the U.S. government into default would do grievous damage to the Chinese economy.
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