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Tuesday, August 10, 2010

Chinese General Says U.S. Provocation Risks Economic Response

Bloomberg - A Chinese general said U.S. plans to send a nuclear-powered aircraft carrier to the Yellow Sea may lead to retaliation from China, the biggest foreign holder of Treasuries.

"Imagine what the consequence will be if China’s biggest debtor nation challenges its creditor nation,"
Major General Luo Yuan, deputy secretary general of the People’s Liberation Army Academy of Military Sciences, wrote in an editorial today in the state-controlled English-language Global Times.

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