No More Chinese Communist Party

May 3, 2010

China Seeks Takeover of Foreign Media

Filed under: Uncategorized — carryanne @ 10:05 pm
Tags: ,

Dallas blog: China owns a significant amount of U.S. Treasury Security bills, which could potentially devastate President Barack Obama’s health care plans, if Beijing one day demands a cash-out of all its bond holdings. Apparently, the Chinese Communist Party is setting its sights on mainstream media corporations all over the world, and may utilize the proceeds from a sell-off of its bond holdings to make their ambitions come true.

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