Through their state sponsored media, the Chinese have been dropping veiled threats at President-Elect Trump due to his speaking with Taiwan and speaking out loud about how they devalue their currency. China only owns about 6.5% of the US debt currently; much less than everyone in government wants the people to think. The belief is that China needs our markets much more than we need their money or anything else. India, a democratic nation, is already gearing up for a possible entry into our markets, replacing Chinese goods if necessary. Is Communist China about to be schooled?
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