Yes, I agree that China appears to have more leverage than Japan

来源: miat42 于 2008-06-23 07:32:16 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (347 bytes)

at that time. But China also has vulnerabilities that Japan doesn't have. US is obviously playing a slightly different game this time to pock China's weak points. This time, instead of crippling China's economy like they did to Japan, I suspect that US is more into engaging, expanding financial control to take advantage of China's growth.

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