THE KINGS OF THE EAST
Chinas increasing military spending unnerves neighbors
The Washington Post reports: “Chinas military spending has been rapidly spiraling upward, and the growing amounts are unnerving Beijings Asian neighbors and policy planners in the Pentagon, who are openly wary about the countrys long-term intentions.
Getting a handle on Chinese military spending is difficult because much of it is opaque and off the books, such as the Peoples Liberation Armys spending on research and space exploration. But various international think tanks estimate that Chinas military spending has risen from about $20 billion in 2002 to at least $120 billion last year.
The United States still spends four times as much on its military. But by some accounts, China is on course to surpass the United States in total military spending by 2035.
The increased spending has allowed the PLA to embark on a sweeping modernization program that includes new long-range cruise missiles, a new fleet of J-10 and J-11 fighter jets, an experimental stealth J-20 plane, a refurbished Soviet-era aircraft carrier and a growing space program, which includes Chinas own satellite navigation network. The PLA has also embarked on a long-term campaign to improve the inter-operability of its various ground, naval and air forces long a weak point for the Chinese military.
Some critics, including Chinas skeptical neighbors, are alarmed at the spending, which they say is being used to bolster Chinas more assertive stance over long-disputed, uninhabited islands in the South China and East China seas ” (China will become the main force in the Armageddon campaign destroying one third of the human race Revelation 9:14 18.)
Tehran, Beijing to Start Joint Ventures
The Fars News Agency reports: “Chamber of Commerce, Industry and Mines of Iran’s Central Alborz province and China’s Council to Promote International Trade inked an agreement to further boost implementation of joint venture projects by the two sides.
The agreement stressed expansion of mutual cooperation in economic and industrial areas.
According to the agreement, the parties are to encourage local organizations from both countries to carry out joint investments and projects.
Encouraging bilateral trade cooperation as well as facilitating commercial, industrial and scientific cooperation between Iranian and Chinese private sectors were among major objectives of the agreement
China, like Russia, has consistently opposed the US pressures on Iran and the West’s economic sanctions imposed on the Iranian financial sector and petroleum products.
China has refused to comply with US requests to decrease oil imports from Iran and instead has increased its trade with the country ” (This headline is interesting proving the Armageddon war is aligning now, just as Bible prophecy predicted for 2,500 years. Russia China and an Arab confederation of nations including Egypt, Syria, Persia [changed its name to Iran in 1935] are preparing to join together for World War III – Ezekiel 38:1, 2, 8, 14; Revelation 16:12; Revelation 9:14 18; Daniel 11:40; Isaiah 17:1; Ezekiel 38:5-7; Psalm 83:5-7. Its closing time. Prepare to meet thy God Amos 4:12.)