October 16, 2013
It's Time for China to Rethink Lending to U.S.
David Li, Financial Times
The Associated Press
Beijing may have to yield to domestic pressure and pursue its economic interest by following the practice of Japan, which claims to enjoy the best alliance in Asia with the US but has started unloading its Treasuries. We do not know how long long-term political logic can prevail over the economic rationale.
TAGGED: Global Economy, United States, China