January 22, 2014

China Is Really Dependent on the United States

Steve Forbes, Forbes

The Associated Press

Chinese holdings in U.S. Treasurys, which reached record levels in 2013, are setting off alarm bells. They should not. They underscore that Beijing is becoming more dependent on the U.S. and the rest of the world for its strength and prosperity. China’s military leaders may not recognize that truth any more than Germany’s military, its militaristic Prussian aristocracy (which had outsize influence prior to WWI) and some of its intellectuals did in 1914.

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TAGGED: Global Economy, United States, China

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