Comment: This could happen but at the

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This could happen but at the

This could happen but at the end of the day China would not be able to enforce property rights. If this happens and the government decides not to honor that agreement what would China do? They do not have power to carry out an invasion.

Realpolitik.

A country's currency in an international setting is very much dependent on the governments ability to enforce that currency value via its military machine.