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Wednesday, April 19, 2006 12:00 AM

Taking aim at the sleeping dragon

Imperial and imperious, the Bush administration's containment strategy for China may herald the next cold war.

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  • Wednesday, April 19, 2006 12:34 AM

    Correction

    >China sits on a huge, huge store of American dollars, in the many hundreds of billions. The first person I heard mention this fact was economic historian Niall Ferguson,

    That should read: ...China sits on a huge, huge store of American dollars, in the many hundreds of billions, and their purchases of our Treasury Bonds are the only thing keeping the dollar afloat, and are, in fact, funding our war against Iraq. The first person I heard mention this fact was economic historian Niall Ferguson...

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