China -USA Archives

3Aug

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China, USA

America’s Largest Creditor: Will China End U.S. Trade War with a “Debt Reset”, by Dumping U.S. Treasury Holdings?

NOVANEWS By Chris Marcus Global Research Note to readers: please click the share buttons above One of the reasons why it has seemed so bizarre that the United States would engage in a trade war with its largest creditor in China, is that China has a move that the United States simply can’t defend against. In terms of any sort of engagement between the United States and China, for at least the last decade or so, it’s always seemed to me that China has an incredibly large amount of leverage over the United States. To the degree that if push comes to shove, China has available actions that the U.S. simply has no answer to. For the simple reason that they do have the ability to end the U.S. Treasury scheme at any point in time. Because if China did just dump its U.S. Treasury hol...

China warns its tourists of 'frequent shootings,'

NOVANEWS China warns its tourists of 'frequent shootings,' expensive health care, and risks of encountering border-patrol agents during trips to the US By: Rosie Perper Chinese tourists from Beijing participate in a snowball fight in front of the White House February 17, 2015 in Washington, DC. Alex Wong/Getty Images China has warned citizens traveling to the US of "frequent" shootings, expensive medical care, and the risks associated with running into border patrol agents. The Chinese Embassy in Washington issued a notice warning travelers that "shootings, robberies, and theft are frequent," and urged citizens to remain calm and hold onto evidence if they feel they are being discriminated against by border agents. Last year the US saw a drop in foreign tourism, which a...

China proposes steps to help prevent ‘head-on collision’ between US, North Korea

NOVANEWS China has called on the United States and South Korea to stop joint war games in the Korean Peninsula in exchange for a halt to North Korea’s nuclear and missile tests as a step to defuse a looming crisis in the region. Chinese Foreign Minister Wang Yi warned at a press conference on Wednesday that the US and South Korea on the one side and the North on the other “are like two accelerating trains coming toward each other with neither side willing to give way.” “The question is: are the two sides really ready for a head-on collision? Our priority now is to flash the red light and apply the brakes on both trains,” Wang said. He expressed hope that “suspension-for-suspension can help us break out of the security dilemma and bring the parties back to the negotiating table.” Wash...