Left parties are missing the point. They are still living in cold war era. China took help from USA to become powerfull country. Now China is afraid of Same thing happenning to India. They always wanted to contain India. Now the deal is not good for China and it makes Lefties unhappy. That's the reason they are conducting this protests. If any left guy talks about it, tell them that we didn't forget the betrayal of Left parties and China in 1962.
RE:Left parties are still living in cold war time.
by dip dutt on Sep 10, 2007 09:44 PM Permalink
Boss: China has created this balance over time where they can show the middle finger to the US and walk out. There is 1.3 trillion Yuan invested in US treasury..China can anyday hold US at ransom over this.. India has not created such bargaining power..
Anyone who thinks US will love India over China is a fool. China is a bigger market, a more productive market force and more strategic trade partner to the US.
RE:Left parties are still living in cold war time.
by raj on Sep 11, 2007 12:48 AM Permalink
You are right about the business between China and the US. But US is not that stupid to let China to show their middle finger. They need work, they need investment this is not a policial game. PURE BUSINESS. Who the hell is gonna invest this much other than US and Europe. RUSSIA? Your statment is filled with pure communist mentality. I dont think any country gonna show middle finger at the US.They all need US ivestment and business.Above all US has good influnce among EU and Japan.
RE:RE:Left parties are still living in cold war time.
by dip dutt on Sep 10, 2007 09:51 PM Permalink
In fact I quoted a wrong figure-it is 1.3 trillion USD not YUAN...So it is actually 7.5 times more in YUAN! read this: http://money.netscape.com/story/2007/08/07/china-threatens-to-trigger-us-dollar-crash/comment/1175012
