Well that’s an interesting premise. I certainly can’t say you’re wrong. I will say that I have been very critical of the leftist lending policies in the United States, which I have blamed for most of this mess.
As much as China may hate us, I can’t see them cutting off their nose to spite their face.
Someone is going to have to continue to purchase their goods, or that two trillion will dry up awfully fast.
China doesn't hate the US. Many young Chinese want to get their education at American institutions and adopt American culture. Many city planners look to the US and hire many advisors and consultants on how infrastructure should be built and their cities laid out. China consistently looks to the US on how to plan their society, shape their economic landscape, their corporate structure, etc.
There is, however, this perception in China that some Americans want to contain her rise. And THAT, is what they hate. And when they see people like Duncan Hunter, Lou Dobbs, etc. speak, how can they perceive it any other way? And hearing guys like them and their supporters speak the way they do, only makes them suspicious of containment. And to be honest, I too believe that is their (Hunter, Dobbs types) goal as well.