China's Economic Leverage Over U.S. Growing

“There were a couple of years after the Tiananmen crackdown when human rights were a more significant element of American policy, but they didn’t last long,” [James] Mann said.

A key reason is that Chinese leaders began to fully embrace capitalist-style reforms in 1992, allowing foreign investment and trade between the U.S. and China to skyrocket.

China used the money it gained from a giant trade surplus to buy U.S. debt, and ”” in recent years ”” become America’s banker.

“The result of that has been enormous economic leverage over the United States,” Mann said.

Mary Beth Markey, with the human-rights group International Campaign for Tibet, said pressing the campaign’s agenda became harder as China joined the world economy.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Asia, China, Economy, Globalization