Don't you just love globalism? You might send this country to hell, but when you're driving you'll end up there too.
It sounds like standard talk from military hotheads.
If the Chinese were to be strategic about it, they would be best served by the following:
1. Stop buying U.S debt (this causes the U.S to print money to keep the government from collapsing, hitting all Americans with crippling inflation)
2. Sell their dollar holdings 1 small chunk at a time, while buying up tangible assets like gold, silver, rare earths, forests, oil fields, military technology, weapons...etc. (this gives them something tangible show for their money while generating influence world wide.)
3. Start converting Dollars into EU holdings, while still maintaining the dollar peg. (puts BOTH European and American Manufacturers at a disadvantage)