trying to run a current account surplus against the United States while avoiding the accumulation of Dollar-denominated assets would require that the Chinese offload the Dollars they earn by exporting to the United States, trading them for other currencies. That, of course, requires that they find buyers willing to take the Dollars. This could – as feared by many commentators – lead to a depreciation of the value of the Dollar. That in turn would expose the Chinese to a possible devaluation of the value of their US Dollar holdings. This is unlikely to be in the interest of the Bank of China.
but it could also mean that the Chinese could buy properties or companies in america and control specific aspect of the society
