Copyrighted Image? DMCA | Until recently the US was the unassailable economic superpower, and the prospect of the White House being bossed about by the bond markets -- let alone by Beijing or New Delhi -- was unthinkable. The recent downgrade could prove to be a tipping point for the transfer of global power from the US to its great rival China, even though the fortunes of Asia and the west are inextricably linked. |
Read the rest of the story HERE:
At www.guardian.co.uk
At www.guardian.co.uk
