Given how much crude oil China imports from Iran, methinks China won't take these trade sanctions lying down. Those denying currency wars exist are in denial.
http://www.washingtonpost.com/world/national-security/white-house-sees-more-pain-for-iran-as-it-clears-way-for-further-sanctions/2012/03/30/gIQAj9yAmS_story.html
Saturday, March 31, 2012
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