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GGN- War on Terror/ Liberty/ Sovereignty News :: August 17, 2010 Part 1/2

PLEASE SUBSCRIBE!!!!!(Reuters) - The game of military bluff that China and the United States are playing off the Chinese coast could erupt in full-fledged crisis hitting the arteries of global trade if Pentagon worries about missteps ever come true.China has been investing big slices of its growing wealth in modernizing its military, and turning its once creaky navy into a blue water fleet that can project power far from its shores, with nuclear submarines and, maybe one day, aircraft carriers.-(CS Monitor) BeijingUS warships are currently staging their third set of exercises in less than a month off the coast of China, in a show of force that has prompted sharp criticism from Beijing and fears of prolonged maritime tensions in the region.The US joint maneuvers with the South Korean and Vietnamese navies come hard on the heels of the three largest long-range training exercises that the Chinese Navy has ever held, and a series of clashes between Chinese ships and foreign fishing boats in disputed waters of the South China Sea.The deployments illustrate a potentially dangerous clash of interests as each side seeks to assert its presence: China views the region as a vital shipping conduit for its energy imports and a key naval route to the Pacific and Indian Oceans, while America insists -- as a global naval player -- on its need for unimpeded passage and on its role as a Pacific power.Wrestling match over the South China Sea"The US-China wrestling match over the South China Sea issue has raised the stakes in deciding who the real future ruler of the planet will be," proclaimed the daily Global Times last week. The paper is published by the ruling Communist party.HEADLINESAnalysis: China and U.S. playing risky game on the high seashttp://reuters.com/article/idUSTR...China and the US battle to assert presence in South China Seahttp://csmonitor.com/World/Asia-P...China targets U.S. troops with arms builduphttp://washingtontimes.com/news/2...Israeli tanks roll into Gaza Striphttp://presstv.com/detail/139075....Thank you everyone for subscribing!Facebook: Roundtable Group:
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