successfully argued that it, like the u.s., has sovereign immunity from many private claims in other countries. but in 1987, china settled similar claims when china wanted to issue new bonds in british financial markets though the payments for the settlements were small. the american bond holders how old and they have been pushing u.s. administrations ever since to force china into settlement talks. they have gotten nowhere. they say that the obama, bush 43 and other administrations have ducked this fight to avoid upsetting beijing as the u.s. seeks chinese support on trade and international security matters. in a letter to one lawmaker the treasury department said quote the long standing view of the u.s. government is that the resolution of private claims on defaulted sovereign bonds is a private matter shep? shepard: kevin costner and his business partner did not cheat stephan baldwin out of millions of dollars during the