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US will never repay China’s $1 trillion

Published: 13 November, 2009, 15:16
Edited: 14 November, 2009, 13:57


Chinese President Hu Jintao has called for free trade and investment liberalization during his address at the Asia-Pacific Economic Summit in Singapore.

 
8 COMMENTS
European November 13, 2009, 13:44 quote
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RussiaToday thank you very much for this interview!!! It is very usefull!!!

toma November 13, 2009, 13:45 quote
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according to some people US debt to China is 1,3 trillion To me dollar is just a bubble waiting for an explosion, with it, US as power may become nothing, while world falling into some sort of hopefully short-term chaos. China will still be the biggest economical power left.

Meslin November 13, 2009, 17:24 quote
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There is only one way to have the USA to straight-up their act with their dollar and geopolitic attitude: it is for the 95% humans who are not US citizen to boycott everything which is american. In such a case, the warning will be sufficient, because the great majority of that country's people who are decent humans will take care of the few thousands creeps who are resposable for all their problems. Having living in America over 20 years, I have more confidence in the US citizen than in those "collabo-prostitutes" frenchmen and europeans. Russian decisions-makers could help because their credibility is good and most humans trust Mister Putin and Medvedev. Just expose the facts; not just wait for the capitalist system to implose ! ( too dangerous)...Sincerely. Jean-Claude Meslin

Babeouf November 13, 2009, 17:43 quote
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So China follows the historical precedent set by America in championing free trade. America of course followed Great Britain. Which was the first of the three to abandon it. Followed by America(and some time later in this century China). For hundreds of years people have made a living talking up the benefits of this system of Anarchy + Profit. Now Chinese leaders under the impact of the latest(but not the last) act of American protectionism take up this brain dead mantra. It will have no impact whatever on American or European policy.

Jim November 13, 2009, 18:13 quote
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Excellent report. This has been building for some time now, and I had expected to see the bubble burst well before now. How much longer can this continue? The bubble has now got so much pressure behind it that when it does eventually go it won't just burst it will explode. It is a bit ironic that the largest Communist country in the world has become hamstrung by by their dealings with the largest Capitalist country in the world. China have got themselves in to a big hole and they haven't yet found a way to stop digging it ever deeper. They have indeed become addicted to the yankee dollar, so what do they do - do they ween themselves off slowly?, take some medication (ie dealing in the Euro perhaps)?, or just go 'cold turkey' and dump the dollar (a very dangerous option)? Either way they need find another way to keep thier currency competative (and thus their exports cheap) whilst stoping buying worthless pieces of paper. The US are laughing at China (and the Saudis for that matter who also 'prop' the dollar). The Chineses, Saudis, and one or two other countries are, for all intents and purposes, paying for the current lifestyle enjoyed by US citezens and the collasal US war machine which costs more than almost all the other major powers spend put together!

Peter James November 13, 2009, 21:51 quote
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Chinese Defence Minister Speech - War With U.S. Inevitable www.peterjamesx.com

Rodrigo November 13, 2009, 22:05 quote
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'Also think is a matter of time for the dollar the debt is to big, the Euro zone is doing well they already got out of recession, 'Mean the big economies like Germany, France and Italy they have surplus in the last 3 quarters, also Asia and Latin America, but Asia is doing better, its better for the all world to have another markets not just depending on one economy that's why the countries around the world need to make more free trade agreements with each other.

ergatis November 14, 2009, 03:44 quote
0

1 Trillion $ ?! OMG! China should procced to ... attachment of the White House, throw out Obama and put the red flag on the top. LOL.

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