Vietnam builds military muscle to face China - Yahoo News:
The ruling Communist Party's goal is to deter its giant northern neighbor as tensions rise over the disputed South China Sea, and if that fails, to be able to defend itself on all fronts, senior officers and people close to them told Reuters. Vietnam's strategy has moved beyond contingency planning. Key units have been placed on "high combat readiness" - an alert posture to fend off a sudden attack - including its elite Division 308, which guards the mountainous north.
December industrial production and new home construction - the only major reports released this week were the December report on Industrial Production and Capacity Utilization from the Fed, and the November repor...
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