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Modern China has plenty of resources and opportunities, unavailable to China in the 19th century when it was subjugated by the British Empire . If the US continues to escalate its aggressive militaristic policy against China , Beijing can set off a serious fiscal crisis by dumping a few of its hundreds of billions of dollars in US Treasury notes. China , a nuclear power should reach out to its similarly armed and threatened neighbor, Russia , to confront and confound the bellicose rantings of US Secretary of State, Hilary Clinton. Russian President-to-be Putin vows to increase military spending from 3% to 6% of the GDP over the next decade to counter Washington’s offensive missile bases on Russia’s borders and thwart Obama’s ‘regime change’ programs against its allies, like Syria.|
China has powerful trading, financial and investment networks covering the globe as well as powerful economic partners .These links have become essential for the continued growth of many of countries throughout the developing world. In taking on China , the US will have to face the opposition of many powerful market-based elites throughout the world. Few countries or elites see any future in tying their fortunes to an economically unstable empire-based on militarism and destructive colonial occupations.
In other words, modern China , as a world power, is incomparably stronger than it was in early 18th century. The US does not have the colonial leverage that the ascendant British Empire possessed in the run-up to the Opium Wars. Moreover, many Chinese intellectuals and the vast majority of its citizens have no intention of letting its current “Westernized compradors” sell out the country. Nothing would accelerate political polarization in Chinese society and hasten the coming of a second Chinese social revolution more than a timid leadership submitting to a new era of Western imperial pillage.
 John Hobson, The Eastern Origins of Western Civilization ( Cambridge UK : Cambridge University Press 2004)
 Ibid, Ch. 9 pp. 190 -218
 Ibid, Ch. 11, pp. 244-248
 Richard Gott, Britain’s Empire: Resistance, Repression and Revolt ( London : Verso 2011) for a detailed historical chronicle of the savagery accompanying Britain ’s colonial empire.
 Hobson, pp. 253 – 256.
 Katrina Manson, “South Sudan puts Beijing ’s policies to the test”, Financial Times, 2/21/12, p. 5.
 Interview of Clinton NPR, 2/26/12.
 La Jornada, 2/15/12 ( Mexico City ).
 China Daily (2/20/2012)
Charles Clover, ‘Putin vows huge boost in defense spending’, Financial Times, 2/12/2012