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This paper wants to explore the relationship between international debt and international relations. This research argues that international debt patterns, connected with trade, have an influence not only on economic relations, but on political ones as well. Reversely, political relations have an influence on how countries can use the instrument of debt for their own economic and political goals. The paper utilizes game theory models to explain debt/trade political relationship in two cases: the 1st Opium War between the UK and China, and the current economic relationship between China and the USA. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]