Though Beijing has few options other than to continue to buy United States Treasury bonds, Chinese officials are clearly concerned that the country’s substantial holdings of American debt, worth at least $1.1 trillion, are being devalued. “The U.S. government has … Continue reading China Tells U.S. It Must ”˜Cure Its Addiction to Debt’
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China Tells U.S. It Must ”˜Cure Its Addiction to Debt’
Though Beijing has few options other than to continue to buy United States Treasury bonds, Chinese officials are clearly concerned that the country’s substantial holdings of American debt, worth at least $1.1 trillion, are being devalued. “The U.S. government has … Continue reading China Tells U.S. It Must ”˜Cure Its Addiction to Debt’