I'm afraid that maybe the only reason why China has been so "kind, friendly" buying so much of USD-based debt and for so long, until recently anyway, as there seems to be a turn of trend indeed (lookup 2011/12 BRICS news), was that ...
... China did need the petro-dollars, and pretty BADLY :
We're not talking about a 350+ million folks economy ... it's about a 1.3+ billion souls one; a factor 4.
Now, what does that tell us China frantically stockpiling gold and silver over almost the last ten years in a row and continuing today, more than ever ?
(while exporting some fake PMs, 'coz otherwise that ain't funny a story, would it ?)
"Cyril" pronounced "see real". I code stuff.
"To study and not think is a waste. To think and not study is dangerous." -- Confucius
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