Read more: http://www.businessinsider.com/truth-about-wikileaks-china-cables-2011-2#ixzz1Eew2H0JlReuters is out with a big story on some new WikiLeaks cables that purport to show how China flexed its muscle to influence US policy during the crisis.
The subtext is this: If you thought the Chinese had us over a barrel, you’re right, they do!
We’re not so sure.
Showing posts tagged wikileaks
RAP NEWS 6 - Wikileaks’ Cablegate: the truth is out there (feat Hillary Clinton & Alex Jones) (by thejuicemedia)
Opposing viewpoint on China using debt to manipulate - "Here's The REAL Story Behind The New WikiLeaks On China Influencing US Policy"
AFP: WikiLeak Cables show China used debt holdings to press US
WASHINGTON — Leaked diplomatic cables vividly show China’s willingness to translate its massive holdings of US debt into political influence on issues ranging from Taiwan’s sovereignty to Washington’s financial policy.
China’s clout — gleaned from its nearly $900 billion stack of US debt — has been widely commented on in the United States, but sensitive cables show just how much influence Beijing has and how keen Washington is to address its rival’s concerns.