BEIJING, Aug. 2 (Xinhua) -- The controversial deployment of the Terminal High Altitude Area Defense (THAAD) system on the Korean Peninsula is increasing concerns in neighboring China where some worry that a new Cold War is looming.

But make no mistake. It is not fear of the U.S. anti-missile shield that drives such concerns, for China has never, and will never, accepted threats that encroach on its national security.

The Republic of Korea (ROK) last month announced plans for a THAAD battery to be deployed in Seongju county, 300 km southeast of Seoul, by the end of next year.

Washington claims that THAAD can help defend the ROK against potential security threats from its neighbor, the Democratic People's Republic of Korea (DPRK).

But the missile shield is designed to intercept incoming inter-continental ballistic missiles at relatively high altitudes, whereas the DPRK needs only short-range rockets and conventional arms to launch attacks on its southern neighbor. This alone renders THAAD a completely ineffective deterrent.

Furthermore, THAAD has a 200 km-range for intercepting missiles, yet it is to be set up 300 km southeast of Seoul, far from the DPRK border. This means the capital and its surrounding areas, the country's most populous region, will not be protected.

Again, this clearly shows that there is a hidden agenda behind THAAD, an installation that barely covers Seoul, but extends its reach to China and Russia's Far East.

With its X band radar, commanding surveillance of an area that extends over 1,200 miles from the peninsula, THAAD can be used to collect the radar data of warheads and decoys of China and Russia's strategic missiles by monitoring their experiments, thus enabling the United States to neutralize China and Russia's nuclear deterrents and put their national security at risk.

This muscle flexing, marked by strings being pulled from Washington where the fallacy of a fictional China threat has been trumpeted for years, is now bringing real, strategic threats to China's doorstep.

However, those who wish to scare China will be deeply disappointed, for China has never, nor will ever, bowed down in the face of external security threats.

By deploying this weapons system, which far exceeds the Korean Peninsula's defense needs, the ROK is skating on very thin ice by aiding the United States in compromising China's legitimate security interests. It is also destabilizing the strategic balance as well the stability of the region, which it claims that it set out to maintain in the first place.

Seoul should wake up and realize that China has never been a source of regional tension and instability, and its neighborly diplomatic philosophy of amity, sincerity, mutual benefit and inclusiveness, should not warrant schemes that undermine the country's national security.

Seoul should also realize that it is amity and goodwill between neighbors, rather than a handful of high-tech weapons, that constitutes the true shield of regional peace and stability.

British Chancellor of the Exchequer Philip Hammond (C) air jordan 12 doernbecher , accompanied by staff members, poses for photos before leaving 11 Downing Street to deliver the budget to Parliament in London cheap jordan 12 doernbecher , Britain on Nov. 22, 2017. Hammond unveiled the principal budget for the coming year on Wednesday against a backdrop of Brexit uncertainty and subdued economic growth. (XinhuaStephen Chung)

LONDON jordan 12 retro doernbecher , Nov. 22 (Xinhua) -- The autumn budget from British Chancellor of the Exchequer Philip Hammond was labeled "cautious" by experts.

Hammond unveiled the principal budget for the coming year on Wednesday against a backdrop of Brexit uncertainty and subdued economic growth.


Amit Kara, head of UK macroeconomic research jordan 12 doernbecher for sale , National Institute for Economic and Social Research (NIESR) told Xinhua on Wednesday that Hammond had seen his room for manoeuvre narrow since the last budget in March this year, and growth was subdued.

The projected growth rate for 2017 was cut from 2 percent to 1.5 percent and future years have also been scaled down from forecasts made at the time of the last budget in March.

"Growth is averaging 1.4 percent over the next five years... so to that extent the budget is cautious because the Chancellor is under a lot of pressure to spend more money jordan 12 doernbecher freestyle , or indeed to give more tax breaks," said Kara.

Hammond has been Chancellor since July 2016 jordan 12 doernbecher release , and inherited a government budget that had been pruned by spending cuts and tax cuts over seven years by his predecessor George Osborne.

Public employees like police, fire and health workers had all had below-inflation pay rises for several years and the cut back of government services and spending has proved unpopular among some parts of the public.

However jordan 12 doernbecher 2017 , Hammond had little cash to spend because a downward revision in the forecasts for productivity growth over the next five years meant that GDP growth was also revised down.

Hammond did spend on infrastructure and announced plans for research and development investment.

"He has done some of that (spending) but he still has a little bit of room on his fiscal rules," said Kara.

"So altogether I think I would say it was cautious jordan 12 doernbecher , but of course we need to recognize that the UK is facing a major potential shock in the shape of Brexit, so it is prudent to be cautious at this point."

Less tax income because of the downgrade in forecasts for economic growth means that plans for government spending have taken a hit.

Kara said that the projections for the fiscal deficit had deteriorated significantly since the last budget in March.

"This revision is in spite of better-than-expected recent outturns and because of weaker GDP growth prospects and some modest relaxation of fiscal consolidation Cheap Mens Air Jordan 12 Doernbecher Black/Hyper Violet-Pink Blast AH6987-023 ," said Kara.

"As a result, around half of the fiscal headroom tha.