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War Bonds

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China owes the US $1.6 trillion in century-old Chinese war bonds, and Trump wants them to pay up


As the Trump administration seeks ways to penalize China for its handling of the COVID-19 pandemic, it need look no further than Tennessee. The Lewisburg, Tennessee-based American Bondholder Foundation holds $1.6 trillion of century-old Chinese debt, including interest, dating to before the founding of the communist People’s Republic of China, that it wants the administration’s help … Continue reading

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