Question of The Day January 25, 2013 ~ American Debt Held By China
“Do you believe that the large amount of American debt
held by China is a significant factor
in trade and trust issues between the two countries?”
It seems to me that the long term focus of the Chinese political elite have taken a distinct economic advantage over America.
And it will be very interesting to see how strategies develop over the next couple of decades.
America still has a military edge, and that could disappear very quickly.
China has so many people, and such a powerful history of cohesion, it will be very interesting to see what happens.
