Power, National Security, and Transformational Global Events
ebook ∣ Challenges Confronting America, China, and Iran
By Thomas A. Johnson
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As the United States struggled to survive the recent recession, China quietly acquired a vast amount of U.S. Treasury bills and bonds. With China now holding so much of America's debt, currency valuation issues have already caused tensions between the two superpowers. Couple this with Iran's efforts to develop into a nuclear power in an area that l
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