But China is giving the US a huge concession by opening up their private banking sector to foreign institutions. Citigroup and Chase will be making out like bandits
congress is busy working this summer on blocking the UCL bid instead of taking recess. too bad they don't even show 1% of the same effort towards fixing social security or reforming health care.
It is a good way of peace keeping(balancing): You have some of mine, I have some of yours. Take a look at the Yin and Yang symbol you will understand it better. One day chinese will print some red chinese bank notes for our American friends.