Because China has a trade deficit, it has to buy treasury bonds, Janet Carmosky explains in the next sequel of “China What?”. Some American politicians want China to stop buying those bonds, but it is not in the interest of the US citizens when China stops doing that, says Carmosky.
- China bashing season kicks off – Janet Carmosky (chinaherald.net)
- China What – the Made-in-China show – Janet Carmosky (chinaspeakersbureau.info)
- China What – on the new aircraft carrier – Janet Carmosky (chinaherald.net)
- No market forces for the Renminbi – Arthur Kroeber (chinaherald.net)