Home » Posts tagged with "Financial Weapon"
China warns it will punish US for Taiwan arm sales with 'financial weapon'
Now is the time for China to use its “financial weapon” to teach the United States a lesson if it moves forward with a plan to sale arms to Taiwan. In fact, China has never wanted to use its holdings of US debt as a weapon. It is the United States that is forcing it to do so.
The US House of Representatives just passed a debt ceiling bill on Aug. 1. On the next day, a total of 181 members...