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Hassanwazir's List: US and CHINA

    • Like most of Asia's island disputes, the controversy emerged out of the redistribution of territory seized by Japan during World War II, though it has its origins in the first Sino-Japanese war in 1894-1895.  According to the Chinese version of events, Diaoyu had been administered by Taiwan -- which was ruled by imperial China -- prior to the war, and was ceded to Japan along with Taiwan and the Pescadores after China's defeat in the war.
    • apan claims that the uninhabited islands were never China's to give. They were never administered by China and therefore not part of the package of land ceded. Rather they were simply claimed as terra nullius by Japan in 1895, when the government placed a marker designating them as Japanese territory, and have been part of Japan's southern Nansei Shoto islands ever since.  According to Japan, China never contested its claim to the islands until nearby energy deposits were discovered in the 1970s. 

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    • China’s military budget is about US$ 91.5 billion and the United States budget is about US$663.8 billion
    • The United States military is more than seven times larger than China. In fact the United States military budget is larger than the combined military budgets of China, United Kingdom, Germany, France, Japan, Russia, India, and Brazil.

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    • China’s GDP increased to 7.3 trillion USD last year and is expected to reach 7.9 trillion this year, nearly half the volume of the US. Chinese defense budget increased to $105 billion this year, the largest in Asia and the second largest in the world, although it makes up only one sixths that of the US
    • The second development is the recent US “rebalance toward Asia”. The rebalance is driven by three factors: the rise of Asia-Pacific region as the main driver for global economic growth calls for more US engagement to help economic recovery and future prosperity; the end of the two hot wars in Iraq and Afghanistan provides for the US opportunities to redirect resources, redeploy troops and reorient policies; and China’s defense modernization have changed the balance of power in an area where the US has dominated for decades. Some US allies and partners have requested more robust US presence to offset China’s rise. Although the rebalance has created a fanfare and caused genuine concern in China, the declared measures are piecemeal and will take years to achieve.

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