The Chinese military known as the people’s Liberation Army is calling for retaliation against the US for selling weapons to the Taiwan military. In an interview with Outlook Weekly a publication of the Xinhua news agency officers of China’s National Defense University and Academy of Military Sciences want the government increase military spending,increase deployment of the People’s Liberation Army in the region and sell US bonds as pay back.
The Outlook Weekly publication interview with Major Generals Zhu Chenghu and Luo Yuan and Senior Colonel Ke Chunqiao appeared in the issue published on Monday.
The talk of selling US bonds could alarm financial markets. It could damage China’s holdings. The demand by the military to pressure on Chinese government to retaliate against the Obama government.
“Our retaliation should not be restricted to merely military matters, and we should adopt a strategic package of counter-punches covering politics, military affairs, diplomacy and economics to treat both the symptoms and root cause of this disease,” said Luo Yuan, a researcher at the Academy of Military Sciences.
“Just like two people rowing a boat, if the United States first throws the strokes into chaos, then so must we.”
Luo said Beijing could “attack by oblique means and stealthy feints” to make its point in Washington.
“For example, we could sanction them using economic means, such as dumping some U.S. government bonds,” Luo said.
The action that the militar wants comes as the US sell weapons to Taiwan, Trade and currency issues, Hacking US computers and web sites, and President Obama meeting with the Dali Lama the spiritual leader of the Tibetan people at the end February has stoked the Chinese ire.
The fresh U.S. arms sales threatened Chinese military installations on the mainland coast facing Taiwan, and “this gives us no choice but to increase defense spending and adjust (military) deployments,” said Zhu Chenghu, a major general at China’s National Defence University in Beijing.
China is the largest holder of US debt. China is holding $798.9 billion in US back.