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The China Myth

Monday, November 16, 2009
In truth, China is more vulnerable that the US is. Yves has some good stuff on this today. Here's more from the FT's Abrose Evans Pritchard:
It is fashionable to talk of America as the supplicant. That misreads the strategic balance. Washington can bring China to its knees at any time by shutting markets. There is no symmetry here. Any move by Beijing to liquidate its holdings of US Treasurie...

Original article from http://globalguerrillas.typepad.com/johnrobb/2009/11/the-china-myth.html
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