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Old 02-10-2010, 07:39 PM
optisoft optisoft is offline
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Join Date: Dec 2009
Posts: 5
Exclamation Breaking: China May Sell United States Bonds

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Bond: [A]n obligation;
It is a document written and sealed containing a confession of debt; a written promise to pay money or do some act if certain circumstances occur or a certain time elapses;
Before I move on, let me refer to 28USC3002
(15) “United States” means—
(A) a Federal corporation;

Senior Chinese military officers have suggested that China sell off some United States bonds to punish Washington for its latest round of arms sales to Taiwan.
A group of senior Chinese military officers also said in, state-controlled media interviews, that Beijing's leaders should boost defense spending, and expand force deployments, in the wake of the Pentagon's announcement last month, of a new $6.4 million arms package, for the island state claimed by Beijing.
However, analysts say that selling off selling bonds could drive up interest rates and disrupt the United States economic recovery efforts.

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