For US and China, uneasiness about economic co-dependency

By Keith Richburg | Monday, November 16, 2009 | The Washington Post

“…As President Obama begins his three-day visit to China on Monday, he finds himself in a country that depends largely on the United States as the most important market for its cheap goods. America, with growing budget deficits and a huge national debt, depends on China as the main holder of U.S. Treasury securities, with Beijing’s stockpile officially estimated to be nearly $800 billion….”…BS

http://www.washingtonpost.com/wp-dyn/content/article/2009/11/15/AR2009111502435_pf.html

 

 

This entry was posted on Monday, November 16th, 2009 at 5:35 AM and filed under Asia (incl. Southern Asia), Economics, History, Media, Peace, Politics. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.

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