I've been saying for years, if China ever decides to stop funding the war in Iraq, we'll have problems. Here's another voice saying the same thing:

The latest twitch took the form of Chinese Premier Wen Jiabao making the apparently tepid remark that his country would "actively explore and expand the channels and methods for using foreign-exchange reserves." The underlying meaning may not be so tepid, for Wen appears to be saying that the day may not be so far off when China is going to slow down giving American consumers credit for merchandise purchases.

Another way of looking at this would be that China may be losing its taste for lending the United States money that indirectly helps America to fight its ever-lengthening series of Middle Eastern wars. Every year America goes a couple of hundred billion bucks deeper into hock to the dragon.

No sooner had the dragon twitched once than it twitched again a few days later at the World Economic Forum in Davos, Switzerland, where the world's fattest money bags annually meet up with big-time politicians, whatever celebrities happen to be hot at the moment, chittering economists and enough journalists to make sure anything of moment is recorded. It was not the place you would expect to find a Chinese dragon, but the scaly fellow, this time in the person of Madame Wu Xiaoling, the deputy governor of the People's Bank of China, said that holding a trillion dollars' worth of another country's money was enough.

the whole article can be found at: