Should the U.S. Get a New Banker?

Hawks in Washington like to warn about China’s military buildup. They should be encouraged by Beijing’s emerging financial drawdown. China trimmed its mammoth dollar holdings by $13.6 billion in October from the previous month, putting its hoard at a 20-month low. This appears to reflect an economic decision to reduce […]



Bloomberg via CHINA US Focus http://ift.tt/1ABp6WG