Foreign Policy

Hillary's Message in China

Let's hope this works: Secretary of State Hillary Clinton finished up her weeklong trip to Asia today in China with a TV interview in which she asked the Chinese to continue buying US treasury bonds to finance the country's ballooning deficit. China is already the largest holder of US debt, and bought a record $696.2 billion in treasury bonds last year. According to Clinton, such moves would ultimately help China by stimulating economic growth around the world. “We are truly going to rise or fall together,” Clinton said.