China bankrupt?
ROFL
Bloomberg estimated their coffers at 2 trillion. The total amount is impossible to calculate. The Americans owe China over 13 trillion, and along with the Chinese holding down the value of the RMB, which can massivly spike anytime they want, they could have, in my estimate, at least 70 trillion.
http://www.answers.com/Q/How_much_money_does_China_have_altogether
Go try living like the average Chinese person and get back to me.
China is completely corrupt and anyone that believes the economic numbers they provide is a fool. No one really knows the economic state of China with any accuracy, not even the internal party hacks.
Holding debt is not holding wealth. Do you think they will ever actually collect it???