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Post Titled: "China threatens 'nuclear option' of dollar sales." By Ambrose Evans-Pritchard from TELEGRAPH.CO.UK
Last Updated: 9:54am BST
"that's hot." -Paris Hilton
"The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation...Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - that Beijing may use its $1.33 trillion (£658bn) of foreign reserves as a political weapon to counter pressure from the US Congress."
Gosh, gee, hummm, I wondered why they had been buying into the national debt for the past several years...
Last Updated: 9:54am BST
"that's hot." -Paris Hilton
"The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation...Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - that Beijing may use its $1.33 trillion (£658bn) of foreign reserves as a political weapon to counter pressure from the US Congress."
Gosh, gee, hummm, I wondered why they had been buying into the national debt for the past several years...
posted by "Post-Google" by TAR ART RAT at 12:52 pm
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