It helps them by giving them capital to develop their economy. Their foreign debt is about $250 billion and their official reserves are around $625 billion in foreign exchange, SDRs, IMF, and gold at market prices.
I really remember seeing a trillion-plus dollar figure for their FE reserves. Anyway, thanks for the information!
CHINA
Reserves of foreign exchange and gold:
$1.034 trillion (2006 est.)
https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html#Econ