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Stock Investing Course (AXcess News) Beijing - US Defense Sectretary Donald Rumsfeld in China on a diplomatic mission met with Chinese Defense Minister Cao Gangchuan to discuss bilateral relations and Sino - US military ties.

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Stock Market Game Earlier, a Chinese General had made comments about nuclear weapons which General Jing Zhiyuan, who isin charge of China's nuclear arsenal, assured Rumsfeld were taken out of context and that that china would not use nuclear weapons first in any military action.

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Stock Investing Game Rumsfeld had concerns about China'sbuild up of its military but after meeting with China's defense minister, Cao, he felt easier about the situation.

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Journal Prime Rate Street Wall Cao said China is not vastly increasing military spending as the priority is to develop its economy and improve the livelihood of the people.

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Stock Market News Cao told reporters, "The relations between our two countries are progressing well. We need to join hands and work hard to make Sino-US military ties consistent with state-to-state relations."

Stock Investing Basics "We [Cao and Rumsfeld] have had an opportunity to discuss some of the, what I would characterize as mixed signals that we feel we have been getting, and to talk about them, and to understand the reaction that one gets when one receives mixed signals," said Mr. Rumsfeld.

Stock Investing Software Cao said the defense budget of China this year is $30.2 billion US dollars, that it was "the true budget we have today." Though recent currency adjustments of Yuan have changed currency, removing its tie to the Dollar in favor of a mixed basket of currencies. So in adjusting that figure to the dollar's old ties to theYuan,China's defense budget has increased only slightly compared to its balooning economy and internal inflation rate.

Stock Market Trading Rumors were that China's military spending is almost three times the amount the government claims, though no information could substantiate that claim.

Stock Investing For Dummy Rumsfeld arrived in Beijing on Tuesday for a three-day visit. Rumsfeld's arrival marks the first time the US Defense Secretary has visited China since he took office in 2001.

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