U.S. media said the Chinese buying U.S. debt is "no choice" was really the United States to help China
'In the U.S., people are worried that the Chinese government to stop buying U.S. debt, and I think this fear is exaggerated.' The article said, 'Sino-US economic structure between nuclear deterrence during the Cold War the financial version of the - if you destroy I, I will destroy you. '
Article and then throw a argument that if China sold $ 1.2 trillion of U.S. Treasury bonds, will suffer their own and it's logic is that China will lead to a huge dollar sell-off of 'disaster chain', first triggered a global panic sex to sell the dollar, and then damage the U.S. economy, and finally the U.S. as the largest export market of China will suffer.
'If Beijing wanted to have placed all of China's workers in the factory, which is not a good idea.' The article said, 'China is now on the export-oriented growth strategy is very addictive, which requires it's extremely cheap goods, the RMB exchange rate must be lower, which is the reason for China to buy dollars. '
Subsequently, the article uses a process of elimination, the yen, the euro and other major international currencies are all Chinese foreign investment in areas set aside in order to prove that in addition to U.S. Treasury bonds outside China 'have no choice.' It said, as long as understanding between China and Japan 'deep hostility' will know that China will not invest in Japanese government bonds, the yen as foreign currency reserves, while Europe is no such thing as government bonds, an unprecedented instability in the euro exchange rate sterling and the Swiss FF can not meet China's massive foreign investment needs.
'So, in the Chinese bloggers and media have criticized the U.S. government profligacy when Beijing is buying U.S. Treasury bonds.'
End of the article, the author said, not without pride, based on the security of the U.S. bond market and high interest debt are in fact the United States to China to China merciful.
'The reality is that China has fallen into a cycle of buying our bonds. No matter what the rating agency said, no other bond market than our larger and more secure.' The article said, 'So ignore that China is busy helping the U.S. theory of it. The reality is that they have no choice, we might help them busy while the Congressional Budget Office data show that the U.S. debt to China's support for a day $ 75 million when interest is paid to Beijing $ 833 per second. '
这明显是错翻译问题
，也让别人看不起您
。