China loses as much as the US from the current financial crisis and shows in reality how fragile is the chinese economy.
That “fragile” economy has added its reserves since July from 1.8 trillion dollars to nearly 2 trillion by the end October. And still running a festering growth rate of at least 9%.
Your own link has its own story about Air China’s falling share prices that is not in synch with what you said.
“Air China Ltd., the nation’s biggest international carrier, and China Eastern Airlines Corp. slumped to quarterly losses because of wrong-way bets on fuel prices and falling passenger numbers. “
Also, southern China is also the hub of the Chinese toy making industry. They were already being hit hard because of the lead paint scandals, causing cancellation of many contracts and business owners getting into hot water with the government. There won’t be any recess for that area, since a lot of the food related stuff is coming out from that region too, and the government clamping down on the melamine scandal.
The Chinese have no leverage in terms of really controlling the western economies, in fact many Chinese companies have lost value due to the dollar devaluation.
What the chinese are doing is simply betting lending money to the US they will support an economy and a currency to feed the exporting machine they have created.
If the dollar loses value, then the export oriented Chinese economy loses value too and you can see that in the Chinese stock markets.
Like the Japanese are suffuering with a expensive Yen, the worst fear for China is an expensive Yuan.
The real winners in all of this are the western banks who are collecting the debt of the US economy in Europe and England
The Yuan is artificially valuated, and still using the US dollar as a prime indicator. The Chinese government can choose to tune its valuation up or down either way to suit their purposes.
If the US dollar goes down, so does the Yuan, which makes the Yuan cheaper and so Chinese exports become cheaper and more competitive. It actually stirs more domestic consumption of Chinese made products as opposed to imported products.
The Chinese companies going out of business are basically the toy companies that have been reaping the consequences of their negligence and ignorance. The Chinese government isn’t bailing them out although they’re making sure the employees are going to get paid their due.
Western banks are really in bad shape for the most part, except those in Canada, NZ and Australia. Across Europe, banks are being bailed out by their governments. Sarkozky, whom the French nicknamed as “the American” has increasingly taken on a Gaullist tone while Brown sounds increasingly socialist.
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You need to read what I wrote more carefully. I am well aware of the consequences of such actions, & that should be clear from what I wrote. I do not suggest that the USA should do such things. But it is still true that the existence of those options affects the possibility of China using its overseas financial balances as weapons against the USA, or Western countries in general, & renders a large part of them worthless in the event of any US-China conflict.
That was the point I was making, & its validity is not affected by what you have said. Everything you have said about possible retaliation by China (e.g. confiscation of assets), & loss of confidence in US bonds, applies even more in reverse, i.e. if China tried to use its balances as a weapon.
Look, you don’t seem to understand. You can’t collect on a Treasury Bond until they matures. There is even no point to repudiate them because by the time they mature, the conflict between China and the USA may have already passed and resolved after some years. And what’s the point, since you already gave the money. That’s like asking who borrowed from you your money back.
China’s real weapon lies in not buying future bonds and not renewing them at all as they mature. In other words, China cuts off the one export that really counts, the money. You got a junkie who is addicted in borrowing money, and you just cut off the supply. And simply _by not buying more_ Treasury Bonds, you can cause the demand for it to fall and with it, its value.
See the bluetooth analogy.
radar is correct.
Terminal phase must be continuous wave, so there is no ambiguity. Even PRF (radar that has emit-receive duty cycles) cannot be used for terminal seeking. Multiplexing and time sharing simply cannot be used.
But you need to have some kind of coded illuminator signal, otherwise you’d have a severe problem when firing along the same vector from more than one ship. Without coding the missiles would all home on the strongest reflection. Time sequencing alone does not help here, and the problem is independent from mid-course steering updates (which can be done by a simple radio signal).
All missiles work via channels. You set a missile to Channel A, next missile to Channel B. If two missiles are engaged on the same target, put the two at Channel A. Missiles don’t home on a different channel than the one they are assigned to. Channel assignments are set by the FCS and this is coordinated throughout the fleet so there is no intership channel conflict assignments.
Similarly with aircraft. If you got 12 fighters in the air simultaneously, won’t their radars jam each other? Each aircraft’s radar is set on a unique channel on the ground. Back in the days of the F-4 Phantom its done by switches through access panels but today, its should be by software and within the cockpit. Same with ships, otherwise an entire fleet of AEGIS destroyers will only jam each other.
Same with active seeking missiles. FCS sets unique channels for all of them otherwise, they would only jam each other.
With all due respect to the J-10 fanboy’s on this thread let me say this…
If Chinese weapons and avionics were as good as advertised to date, then why does Pakistan require significant western avionics and possibly weapons be integrated onto the JF-17 Thunder? Does COTS and Russian influence, along with the obvious technical improvements in China mean they are making better and better avionics? Yes of course it does. Can they be classed in the same league as Russian, Western European or American systems as of yet? I would respectfully submit they cannot.
At that time, Pakistan hasn’t seen much of these improvements either since the PLA is keeping them on their own and refused to export them. For example, the PLA reluctance to sell the better radars and allowing the export of the PL-12 aka SD-10. Pakistan is no longer forcing this issue since the PLA has relinquished. Still some things are domestic only, at least for the time being, such as the KJ-200 with the phase array balance beam. Others may never be exported such as the Y-8 High New series who cover ECM, ECCM, SIGINT, SAR, C31, ISR and target finding.
A good example of the high state of Chinese avionics that have been kept inside the pocket is the UV spectrum MAWS. This type of MAWS can be considered state of the art and very few, very few indeed, aircraft have them, e.g. Su-30MKM. This kind of systems gives you eyes in the back. They’re fitted on the JF-17. It wasn’t in the original specs before. MAWS such as this can be found on the tails of J-10s and J-11Bs.
Yes, but consider . . . if you hold reserves in dollars, euros & yen, how can you be said to have more money than the issuers of those currencies, as was claimed? They can, if they choose (though there are obvious reasons why they wouldn’t want to do so), issue enough more to inflate your reserves into worthlessness.
In so doing, crash their economies to the ground. What you are saying is economic suicide.
A large proportion of the reserves are held in Treasury accounts, & therefore only usable as long as you refrain from overt conflict with the issuers, as they can be frozen or even cancelled by the issuers. This is not something that would be done lightly, but in the event of, for examp one, a China-US war, it would be done.
Nope. China only holds $500 billion in Treasury Accounts, which by the way, as they continually mature you need a constant level of buying new ones to keep the same level. And the US needs China to keep buying new bonds to maintain the same level. As a matter of fact, China’s level of Treasury bonds have remained steady while its surplus has grown to nearly $2 trillion.
The huge Chinese reserves give China a very good reason (in addition to their other very good reasons) for avoiding open conflict with Western countries.
The fact that the US needs a diet of $30 billion per day of foreign investment to keep the economy from tanking is the reason why it needs to avoid conflict with its creditors.
The US debt is now over $10 trillion. Debt is not a solid figure that is made some time ago and remains constant. As older debt matures and is paid off, you keep racking new debts to take their place. The figure you get is the net result.
Cancellation of the Bonds does not mean anything because the money is already spent by the US. But what you don’t get is new investment, not just from China, but also from all other investors, Russia, India, and the Middle East included. And when you got less people buying the bonds, the value of the bonds will tank, resulting in a cascade that will either make existing bond holders sell their bonds, and stop buying new bonds when existing ones mature.
Confiscation of China owned Treasury bonds will likewise force a retaliation of China confiscating of US company owned assets in China.
I have a hard time believing that by having the capability to build licensed(or not) copies of Russian weapons, that China has had a revolutionary technological breakthrough, surpassing the best systems of the west. That’s not to say that they can’t build good weapons, but it’s perhaps a bit presumptuous to assume they’ve not only surpassed the Russian weapons, but those of the West too.
They are not relying on copied and licensed Russian weapons, they’re relying on licensed Russian platforms. The electronic guts however are different. Like the modern Russians now, the Chinese are heavily relying on current COTS technologies on their radars, links and missiles. That makes quite a bit of different even circa with the best weapons in the nineties. I’m not saying they are surpassing the best what the “West” has now, but the gaps have narrowed. And by the way, it was through the “graciousness” of the West in the past that gave a massive heads up in the Chinese development. To put it in another way, due to globalization of COTS, whether its a Russian, Chinese, American or European system, you’re going to find Made in Taiwan FPGAs and other stuff inside that is so “PC”.
You’re funny.
In terms of reserves right now, they are. 1.9 trillion now counting to 2 trillion, over 2 trillion if you want to count Hong Kong’s reserves.
I understand that. However, the farther you go into concepts the farther you go with less assurance that it may or may not finish in the end. Sometimes budgetary issues, sometimes issues with the whole concept itself.
By the way, when something is finally revealed in China, its never at the start of the project. Sometimes its near the finish, sometimes its already in the final stages of testing, sometimes its already operational, sometimes only because they are planning a variant for export, and there are times, weapons systems are only revealed years after they are operational.
Again, with the AIM-120D, the SH is gonna have a range advantage even if it doesn’t have a speed advantage.
The AIM-120D advantage is not going to last in the long run given its confirmed that the PLAAF is also developing its own ramjet BVRAAM.
Top speeds aren’t relevant in combat.
Top speeds are not, but high speeds certainly are, and top speeds still reflect on the ability or how fast an aircraft can dash past the sonic barrier.
The ability to make a very fast dash—and I am a lot more confident of that ability on an F-15C versus a Super Hornet—is very important for the PK ratio of a BVRAAM, whose effective range and kill envelope is dependent on the launch speeds and height. The faster and the higher, the better, and it gets less effective the slower and the lower.
the best exchange ratio the SH could manage in BVR is 2:1
Even 1:1 is quite possible. When it comes to a volleyed BVRAAM exchange, there are good chances of mutually assured destruction. Even if you kill the other, there is a very good chance you won’t do it soon enough for him to stop him from launching his missiles to kill you.
While yomping around for photos of J-10As at Zhu Hai:
http://military.china.com/zh_cn/bbs2/11053806/20081013/15131758.html
Article dated 13 October 2008: photo apparently Photoshopped or dated 25 September 2007, of WZ-10 mock-up?
http://bbs.tiexue.net/post_3070420_1.html
Article dated 26 September 2008: in the second photo, black helo in background looks as Photoshopped as President Hu (third person from left) in foreground, IMO.
Its an old photo. I doubt its photoshopped, since Hu did visit that institute and that picture came along with a whole series of other pictures documenting Hu’s visitation. Some of the pictures appear to have the black helo in the background at other angles, which suggest that its really there. Also, the camera had a flash and you can see Hu’s shadow from the flash fall upon the person on his back, just as the flash shadow from the engineer to the left also falls upon that person on the back. The whole series of photographs can be found in a thread inside the CDF.
It has more to do with how accurate or should I say unaccurate polls are than the source. The point about FOX NEWS is yes its bias toward Conservatives and/or Republicans. Yet, more people watch Fox than all the other News Networks. So, why would so many Americans watch Fox News? Well, likely because they agree with its views………
Likely because there is only one right wing news outlet, compared to four or five others that are left to middle.
China’s own CCTV hired off FOX News execs because after all to help run their English language cable channel, if you want to learn how to disseminate propaganda, learn from the best.
It has more to do with how accurate or should I say unaccurate polls are than the source. The point about FOX NEWS is yes its bias toward Conservatives and/or Republicans. Yet, more people watch Fox than all the other News Networks. So, why would so many Americans watch Fox News? Well, likely because they agree with its views………
Likely because there is only one right wing news outlet, compared to four or five others that are left to middle.
China’s own CCTV hired off FOX News execs because after all to help run their English language cable channel, if you want to learn how to disseminate propaganda, learn from the best.