5 ms·
China will use this as a negotiation point to further their agendas. The US has used this tactic before, notably in the Suez Canal crisis to keep Britain and Fr
by FahnRobier 17y ago
China will use this as a negotiation point to further their agendas. The US has used this tactic before, notably in the Suez Canal crisis to keep Britain and France from attacking Egypt:
http://www.fpri.org/enotes/200709.bracken.financialwarfare.html http://www.fpri.org/enotes/200709.bracken.financialwarfare.h...
It's not in the best interests of China to cause massive inflation of the US Dollar, but it definitely gives them the ability to put short-term pressure on US politicians.