Uhm, you don't know what you're talking about.
China holds trillions in U.S. bonds. A small hit if their dollar collapses? A small hit? Seriously?
China has shown very little willingess to let its currency float on the market, a requirement for it to become the reserve currency. Where do you get this idea that China wants to be the reserve currency? If they did, the easiest option would be to stop buying U.S. bonds and float their own securities onto the market. Something that they have given ABSOLUTELY NO INDICATION that they're interested in doing.
China's growth is inextricably linked to American growth. To say that China wants to see a U.S. collapse is just blog-based fiction invented by imaginative folks with little understanding of international economics and finance. An American collapse would severely hurt China and everyone else.
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