Author profile: Jacob Hershey

Taming the Dragon

Jacob Hershey • Jun 9 2011 • Articles

For as much lip service as has been given to China as the nation to restore bipolarity to the world order, it seems more and more that the two countries are far too economically co-dependent to truly be opposite forces outside of their own bilateral relations. With 2/3 of its estimated $3 trillion currency reserves in US dollars, China had no choice but to raise its concerns and give the US a subtle economic slap on the wrist.

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