Target: China - How Washington and Wall Street Plan to Cage the Asian Dragon

Target: China - How Washington and Wall Street Plan to Cage the Asian Dragon

by F. William Engdahl

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Overview

China today has become a world economic giant in just three decades. The country�s central bank holds more than $3.5 trillion in foreign exchange reserves, mostly in dollars. Without the Chinese colossus, the USA might have long ago gone bankrupt, unable to finance its exploding national debt.
Now that China has emerged as the world�s second largest economy, some powerful circles in Wall Street and Washington are alarmed that the Chinese might no longer follow the agenda, but decide for themselves what is best for China. They see China as a threat to their global power. The result is growing tension between Beijing and Washington�in the Middle East, Africa, and in Asia.
Especially alarming is covert US backing of Japan in a conflict with China over remote Pacific islands. China is beginning to feel escalating hostility, and not only from the Pentagon. Open conflict between the USA and China could deal a death-blow to the fragile world economy.
This book explains in clear terms what is at stake if Washington continues to try to turn the Chinese Dragon into an enemy state.

Product Details

BN ID: 2940150464698
Publisher: Progressive Press
Publication date: 10/13/2014
Sold by: Barnes & Noble
Format: NOOK Book
File size: 3 MB

About the Author

F. William Engdahl has been writing on issues of oil, finance, economics, and geopolitics for more than thirty years. His books have been translated into more than nine languages. He has contributed regularly to numerous international publications including Japan's Nihon Keizai Shimbun, China Business News, Asia Inc., Grant's Interest Rate Observer, European Banker, Eurasia and other publications.

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Target: China: How Washington and Wall Street Plan to Cage the Asian Dragon 5 out of 5 based on 0 ratings. 1 reviews.
PIGEONPIE More than 1 year ago
READ MY OTHER REVIEWS ON ENGDAHL. STILL IN THE PROCESS OF READING THIS. EXPLAINS THE PECULIAR ECONOMIC RELATIONSHIP BTWN USA AND CHINA. A MUST READ.