U.S. Financial Crisis: Why China Has Much to Fear

Evelyn Black wrote a great blog on September 26 explaining the financial inter-connectedness of the U.S. and China. To sum it up, she says that the U.S. imports more from China than it exports to China. This difference, the trade deficit, is made up by the Chinese government’s investment in U.S. government debt. In . . . → Read More: U.S. Financial Crisis: Why China Has Much to Fear