China: Consequences of the Sleeping Lion Awakened (photo)
-
-
- current_news_bot
- added this
http://seekingalpha.com/article/173475-china-consequences-of-the-slee...
U.S. President Barack Obama has begun a nine-day tour of Asia at a time when the U.S. economy is struggling to emerge from a deep recession. But nothing looms bigger than China, the largest holder of U.S. debt (around $797.1 billion, up 10% this year), has emerged from the global economic downturn in an ever stronger position. When Obama sets foot in China for the first time, he will confront a dramatically altered balance of power between the two nations. Two Decades of Explosive Growth ...