America Cosying Upto China - Where Does That Leave India?
The media may be talking about Obama bending backwards to accommodate China by bending forward, but what we are missing is that in China the US has probably her biggest ally. And even if the general population does not seem to understand the importance of China to the United States, the fact is that it is China which is funding, in a major part, the seemingly good health of the American Economy. Consider this, the Chinese are carrying an American debt of $ 800 Billion. Do the American people know that America pays about $5o billion to China every year as interest? It is a different matter altogether that the interest also may be on paper. What happens when China decides to cash in on the bonds that it has collected over so many years? If any American knows the answer he will understand why Obama "stooped" to wish the Chinese premier. Anyway the more important issue for India is, "What the hell is America doing?" On one side is Pakistan, whom America is kind of shelt...