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Thursday, February 18, 2010

Is China chastising the US?

RussiaToday
February 17, 2010
China has sold more than 34 billion dollars of US debt holdings. 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. Bill Gertz says that it is also apparent that China will not support the sanctions that the United States is putting on Iran.

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