China threatens ‘nuclear option’ of dollar sales

Submitted by Callemity on Wed, 08/08/2007 - 15:46

The Chinese government has begun a concerted campaign of economic threats against the United States, hinting that it may liquidate its vast holding of US treasuries if Washington imposes trade sanctions to force a yuan revaluation.Two officials at leading Communist Party bodies have given interviews in recent days warning - for the first time - [...]

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