US has more to lose
Updated: 2012-09-17 07:53
Comment on "Imposing West's will on China goes against global norms" (China Daily, Sept 1)
The "back-to-Asia" policy of the United States could lead to an arms race in Asia, which Washington hopes to benefit from by selling weapons to conflicting parties. I think the US is making a big mistake by assuming that it can do to China what it did to the erstwhile Soviet Union.
The chances of the US, rather than China, becoming bankrupt because of an arms race are higher. China can double or triple its military spending and still it will be only 9 to 13 percent of the country's savings. But any increase in the US' military budget will add to the country's already huge deficit.
Ben Gee, on China Daily website
(China Daily 09/17/2012 page9)