From The Straits Times, July 1, 2004: "In an exercise codenamed Operation Summer Pulse 04, [the United States] is expected to arrange for an unprecedented seven aircraft carrier strike groups (CGs) to rendezvous in waters a safe distance away from the Chinese coastline -- but still within striking distance -- after mid-July. ... "Sources in Beijing say China's reading is that Summer Pulse is being mounted with it as the target audience, a suspicion reinforced by reports that Taiwanese forces are slated tojoin in the drill. ... "..a Chinese military source...[said]: "'Even now, China can easily taken on two CSGs,'...but conceded that there was no way it could face seven all at the same time. "This means that if China has to wage war over Taiwan, it has to be able to land and seize control of the island within the first 30 days. "Otherwise, under the [new US Fleet Response Plan], six CSGs may well arrive to join in the battle." "US Plans Huge Show Of Force In Pacific," by Ching Cheong http://straitstimes.asia1.com.sg/topstories/story/0,4386,259015,00.html Murray Rothbard wrote a satirical essay in which he demanded that the United States impose minimum standards of democratic civilization by invading the rest of the planet forthwith. Sometimes I get a notion that he has been taken literally. China is one of US fedgov's biggest creditors. A case could be made that it loaned us the money for this "Summer Pulse" exercise.