china changes the subject, page-12

  1. 10,404 Posts.
    wooduck, guns and bullets are one thing but perhaps China has another, heftier , weapon at it's disposal.

    China holds ~$300 billion of Japanese debt which makes it Japan's largest creditor.

    What would hurt Japanese interests would certainly be sanctions imposed by China to the $350 billion cross trade.

    If China wanted to 'get even' with Japan for past and present transgressions there's plenty a muscled up China can do to a debt Trojan horse like Japan.

    Depends if this ruckus is for domestic consumption or whether China has something real reason to stick it to a teetering Japan.

    Due to the naive orchestration of those rallies in China it looks to me like some internal purpose.

 
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