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Originally posted by Mynaeris
we are pretty much living on our knees.
A study we recently completed shows that the Commerce Department approved more than $15 billion worth of strategically sensitive exports to China in the last decade. Although supposedly intended for civilian purposes, the department's records show that much of this "dual-use" equipment went directly to nuclear-missile and military sites, the vertebrae of China's strategic backbone.
Originally posted by Mynaeris
( For those who object to the heading of this thread - I was just translating from Diplomatese into English)
The government always tries to come across in the best light possible with their citizens. So when the Secretary of State starts speaking about Human Rights not being as important as keeping a "healthy" relationship with a known human rights violator, then you know America is in deep doodies. And from the Chinese Foreign Minister's statement he quite opaquely responds that China is aware of the fact.
Originally posted by Logarock
reply to post by LoneGunMan
We could boycott Chines products but then that paragon of American enterprise and savior of "marica" Walmart would bite the dust and dam thats just more than most americans could stand.
US Secretary of State Hillary Clinton Sunday urged China to keep buying US debt as she wrapped up her first overseas trip, during which she agreed to work closely with Beijing on the financial crisis.
Clinton made the plea shortly before leaving China.
In Beijing, she called on authorities in Beijing to continue buying US Treasuries, saying it would help jumpstart the flagging US economy and stimulate imports of Chinese goods.
China is the top holder of US Treasury bills, with 696.2 billion dollars worth of the securities in December followed by Japan with 578.3 billion dollars, according to the latest official data from Washington.
breitbart
It's never going to happen. China will continue to loan us money at low rates because they know they really have no choice in the matter. Doing anything else is a purely against their best interest.