US Sides with Japan on Disputed Islands: Beijing says its a betrayal, orders troops combat ready, could cash in on US debt for equity

Monday, January 21, 2013
By Paul Martin

Investmentwatchblog.com
January 21st, 2013

US Sides with Japan on Disputed Islands: Beijing says its a betrayal, orders troops combat ready, could cash in on US debt for equity

BEIJING: Amid rising tensions with Japan over disputed islands, Chinese army in a bid to scale up battle readiness has ordered its armed helicopters to shift focus from logistic missions and gear up for combat operations.

The People’s Liberation Army (PLA) planned to change the training strategy of its army aviation unit as more and more armed helicopters joined the service, PLA Daily which is the official newspaper of the military quoted an army aviation unit as saying.

The focus of army aviation unit will be shifted from logistics missions to combat ones, from building the capacity for non-war military actions to core military actions, state-run Xinhua news agency quoted the daily as saying.

http://articles.timesofindia.indiatimes.com/2013-01-20/china/36445206_1_china-japan-island-dispute-diaoyu-senkakus

CHINA POISED TO PLAY DEBT CARD – FOR U.S. LAND

NEW YORK – Could real estate on American soil owned by China be set up as “development zones” in which the communist nation could establish Chinese-owned businesses and bring in its citizens to the U.S. to work?

That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity.

Under the plan, China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.

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