| http://www.breitbart.com/article.php?id=CNG.ae2d2f54b4997246bb7b180d2736bac1.e1&show_article=1
Leaked diplomatic cables vividly show China's willingness to translate its massive holdings of US debt into political influence on issues ranging from Taiwan's sovereignty to Washington's financial policy.
China's clout -- gleaned from its nearly $900 billion stack of US debt -- has been widely commented on in the United States, but sensitive cables show just how much influence Beijing has and how keen Washington is to address its rival's concerns.
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I hate to admit this, but you-know-who is right about this. |
