>> It will be huge problem if China holds too much US bond in hand. <<Correct>> But Chinese ZF may do this for reducing US political pressure. <<Wrong>> If so, it is benefiting GCD rule, and harm the people finacially. <<
Wrong....Selling the US bond by China will hurt US people and Wall street first. I bet if China's sell even 10% of its US bond holding, US interest rate will go up by 500 basis point. US stock market will crash, bond will crash...economy goes into deep recession...Finally China has nowhere to export its products...China unemployment will be through the root. GCD will be in deep S%%T.
