Why China’s stack of US bonds means less than you think | india | Hindustan Times
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Why China’s stack of US bonds means less than you think

There is a widespread belief that the US must kowtow to China these days because there is one else who can finance America’s ballooning government debt. Post the global financial crisis, China is T-Rex – King of the US Treasury bill, writes Pramit Pal Chaudhuri. Read more | Expletive Deleted | Shoot At Sight

india Updated: Apr 23, 2010 01:36 IST

There is a widespread belief that the US must kowtow to China these days because there is one else who can finance America’s ballooning government debt. Post the global financial crisis, China is T-Rex – King of the US Treasury bill, writes

Pramit Pal Chaudhuri

.