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???
Are you saying the US will default on its debt? (simply stop repaying what it owes)
I dont see that ever happening. That would be WWIII beginning, and they have us outnumbered 10 to 1