If the U.S. Dollar falls, then Americans can't physically purchase as many Chinese goods as in the past.
What do you think that fact would do to China's economic "expansion?!"
Likewise, if the U.S. Dollar falls, then American exports become cheaper for our customers to purchase. How many more American jobs will that create?
Now, you tell me if a falling Dollar is worse for the U.S. or China.
Just wondering why they hold so much in US notes/bonds etc.
Unless dumping the lot would hurt us?