While we were sleeping

While we are immersed in a war that serves no purpose other then to drain our treasury, worrying about Nuclear bombs that do not exist in Iran, giving away billions in foreign aid only to forgive the debts every year, trillions in missing monies from Pentagon misappropriation, and worrying about illegal immigration not to mention the outsourcing of jobs to 3rd world countries, our main competition, the Chinese, are busy inking deals to insure their financial future, and success in South Africa.


Another 10 yars and China will surpass us.

Chinese companies ink US$1.9b pacts with Africa

BEIJING - A number of Chinese companies on Sunday inked deals with African governments and firms worth US$1.9 billion (euro1.49 billion), Chinese state media reported.

The 16 agreements were signed at the conclusion of a conference of Chinese and African entrepreneurs, the official Xinhua News Agency said, without giving details.

The conference was held on the sidelines of a two-day forum attended by dozens of African leaders aimed at boosting ties between the two sides.

Beijing on Saturday pledged billions of dollars (euros) in aid and loans to Africa. African leaders at the meeting said Saturday they welcomed Chinese investment and business ties.

Source

The Chinese are smart. But wait....doesn't the chinese technically have more money then the states? I don't think Chinaland has 8 TRILLION in debt.