China putting pressure on US to make good its toxic debt
China threatening to withdraw its US loans and move out of the US dollar unless the US makes good on the toxic debt US institutions sold to China.
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The Global Financial Crisis »The Global Financial Crisis
Potential consequences of the financial crisis? »Potential consequences of the financial crisis?
Geo-political instability »Geo-political instability
China putting pressure on US to make good its toxic debt
70% of China's foreign assets in form of loans to US »70% of China's foreign assets in form of loans to US
China holding $US 2 trillion in foreign exchange reserves »China holding $US 2 trillion in foreign exchange reserves
US debt to China equivalent to 40% of Chinese GDP »US debt to China equivalent to 40% of Chinese GDP
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