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Default China and Japan

On Thu, 03 Sep 2015 15:22:25 -0500, Califbill billnews wrote:

wrote:
On Thu, 3 Sep 2015 12:38:28 -0400, Keyser Söze wrote:

China has pledged to solve its territorial disputes peacefully. Further,
despite its massive military parade, China has announced it plans to cut
its military forces by 300,000, and concentrate more on technological
advances.


China has used the army as a public works program. There were a lot of
industries that were being handled by the PLA. The one that affected
us the most was their civilians arms industry that makes all of the
Polytech guns and started that bimetal ammo glut that the Russians
have copied.
I think they were also at the center of the whole steel industry in
China for a long time.
A lot of this reduction in force only reflects spinning off these
industries.
There is also the military reality that we are not likely to have land
wars where large masses of foot soldiers will make the day.
The minigun went a long way to taking down a mass charge, particularly
if it is in the air.


Cosco, China Overseas Shipping Company, who runs Long Beach Harbor
terminal, is a division of the PLA. The military, pretty much runs
everything.


I think they may be spinning some of that off and that was my point.
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