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Showing posts with label banking. Show all posts
Showing posts with label banking. Show all posts

2.17.2010

Has China begun economic warfare?

New evidence show that Japan has replaced China as the top holder of American debt. Chinas military has called for the government to punish the US because of a potential meeting with the Dalai Lama. China's holding of US Treasury bonds has tumbled, according to US Treasury data released Tuesday, after Beijing expressed concern over the swelling US deficit and amid new US-China tensions.