China Holds All The Cards In Trade War – Paul Tharp

From The New York Post:

With help from some Western spin doctors, Beijing is learning how to answer American threats about trade sanctions – shut up, or we’ll cut off credit to both Uncle Sam and Wall Street .

China’s usually secretive officials yesterday launched their first open push-back campaign aimed largely at political critics of China’s cheap economic machine – mainly Democratic presidential hopefuls Hillary Clinton and Barack Obama . Chinese officials began giving unprecedented public interviews warning that China may liquidate its more than $1 trillion in holdings of dollars and U.S. IOU’s in the event of U.S. arm-twisting via a . [Full Text]



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