Word: nuclear
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Dates: during 1960-1969
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...takeover. It was later stiffened with "containment," a strategy designed both to weaken the regime and to keep the Chinese from overrunning their neighbors. Despite a long tradition of U.S. sympathy for China, most Americans have regarded the quarantine as all the more prudent since China exploded its first nuclear device...
Most China experts question whether the assumptions on which present U.S. policy is based remain realistic in the '60s. Some U.S. officials still talk as if China were both ready and willing to conquer Asia. Is it? Despite its nuclear power and its formidable manpower reserves, China is one of the world's poorer countries (estimated annual per capita income: $100, compared with Japan's $1,100). China's recent Great Proletarian Cultural Revolution and the upheaval it caused may put domestic recovery ahead of foreign adventure for some time to come. Even before the Cultural...
...Government officials might be more cautious in the language they use about Communist China. Much justification for the ABM, for instance, initially stressed that the system was designed against Chinese nuclear attack. The implication, holds University of Chicago Political Scientist Tang Tsou, is that "the Chinese leaders are mad enough to think of attacking the U.S. and thus inviting U.S. retaliation. The argument only encourages the radicals in China...
...might consider scaling down its nuclear presence on Okinawa. This presence alarms not only China but also Japan, which has residual sovereignty over the Ryu-kyus. Alleged U.S. "colonial" rule there feeds Peking propaganda and incites those Japanese who demand both the return of the islands and the abolition of U.S. bases in Japan. Such a scale-down might be strategically risky, but the U.S. could compensate in part by relying on the deterrent of its submarine-borne Polaris and forthcoming Poseidon nuclear missiles...
...plans. Four Seasons Nursing Centers of America, a 40-home Oklahoma chain that has grossed more than $6,000,000 in fiscal 1968, is negotiating to borrow $45 million to promote a home franchising program. Still other companies have shown enough growth potential to become takeover targets. International Chemical & Nuclear Corp. two weeks ago agreed to buy Monterey Nursing Inns, a 31-home Ohio chain with 1968 revenues of $3,000,000. The price: an estimated $45 million, an astonishing 209 times Monterey's fiscal 1968 earnings...