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12:06AM

Beijing seeks bigger role throughout Asia, making all nervous

WSJ story:  Vice Premier and future premier Li Keqiang in Beijing says the China-Australia needs to move beyond stuff to shared efforts at R&D.  Article also says China eyeing developed countries as they need infrastructure and China has built up tremendous resources on that score.

But all this push scares as well:  FT story on Indonesian private equity firm head decrying growing Chinese investment (China had just agreed to fund about $4b in infrastructure there):

Our state is in the hands of the Chinese and the Koreans.  We allow the foreigners to rape and pillage us.

Get used to the "ugly Chinese."  The soft sell/"charm offensive" is over and China will end up paying for the end of that honeymoon.

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