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RYO Nakamura – US to build anti-China missile network along first island chain

Summary:
Exclusive: Indo-Pacific Command requests to double spending in fiscal 2022Billions of dollars for new missiles to encircle China. For Washington elites, military is the only option to bully and contain China’s rise. There are no plans for fixing the US economy.What happened to good ol' capitalism and competition, which the US says it champions?WASHINGTON -- The U.S. will bolster its conventional deterrence against China, establishing a network of precision-strike missiles along the so-called first island chain as part of .4 billion in spending to be considered for the Indo-Pacific theater over the next six years, Nikkei has learned.They form the core proposals of the Pacific Deterrence Initiative that the U.S. Indo-Pacific Command has submitted to Congress and Nikkei has reviewed."The

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Exclusive: Indo-Pacific Command requests to double spending in fiscal 2022


Billions of dollars for new missiles to encircle China. For Washington elites, military is the only option to bully and contain China’s rise. There are no plans for fixing the US economy.

What happened to good ol' capitalism and competition, which the US says it champions?


WASHINGTON -- The U.S. will bolster its conventional deterrence against China, establishing a network of precision-strike missiles along the so-called first island chain as part of $27.4 billion in spending to be considered for the Indo-Pacific theater over the next six years, Nikkei has learned.


They form the core proposals of the Pacific Deterrence Initiative that the U.S. Indo-Pacific Command has submitted to Congress and Nikkei has reviewed.


"The greatest danger to the future of the United States continues to be an erosion of conventional deterrence," the document said. "Without a valid and convincing conventional deterrent, China is emboldened to take action in the region and globally to supplant U.S. interests. As the Indo-Pacific's military balance becomes more unfavorable, the U.S. accumulates additional risk that may embolden adversaries to unilaterally attempt to change the status quo."


Nikkie Asia

US to build anti-China missile network along first island chain

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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