Thanks for remembering but not quite accurately - I said more than a year ago the current leadership of Chine is quite concerned with the re-integration of Taiwan - it is a question of "saving face" as much as anything. they are doing a very good job of achieving this peacefully. For example, all of the many computer makers that were operating in Taiwan no longer do - all have moved to the mainland, where the market is bigger, no import duties, etc. Direct air-flights now exist, most of the business community of Taiwan wants to and is developing more commercial ties with the main land and many support some form of rejoining, perhaps on the Hong Kong model (One nation - two systems) However. for insurance and extra persuasion, China has recently greatly increased the purchase of the military equipment it would need to achieve re-union by force. The US has given its promise that US will not let that happen, so what I said was: China wanted to get into a position that they could destroy the US economical (they know they can not resist the US in a military contest if the US were to block the forceful re-union of Taiwan) and use the THREAT to do so as a deterrent to keep the US from preventing the forceful re-union, if it should ever come to that, which is extremely unlikely considering how well the peaceful re-union approach is working. China will not soon dump it trillion dollars, only not hold some, which it replaces with Euros. It still need the US to buy on credit (deficit spend) the major share of its production. It domestic economy is not yet rich enough to buy most of it productive capacity. Traditionally the Chinese do not use credit. This is why China is opening it banking system to western bankers/ investors. (World's largest IPO was a month or two ago with China Industrial Commercial Bank. The Chinese communist did not do this because they love western bankers! -They need to quickly develop an economy that use credit to expand the domestic buying. - They, like me, can see the collapse of the US coming.) Only about 3% of Chinese even know what a charge card is. - In a few years the wealther ones (twice the US population) will be getting credit cards in the mail! Then, China will sell most of what it produces domestically to the rapidly growing middle class. - Already the rich are buying more million DOLLAR and up homes each year than Americans are. Then look out. China will not need the US to buy its goods, which is fortunate for China as then the US dollar will have collapsed and US will not be able to buy even the oil it needs to run the 1950s US economy. Not to mention the problems of too few jobs and workers to support the Social Security demands of us "old timers" will make -we still vote etc. - no escape there by reducing the SS payout already promised. Yes I have and do predict the US dollar will collapse, that the US will rapidly pass China economically (US going downward as china continues upward by at least 5% /year) as US economy falls into deep depression (of economic activity as no one can buy much with the weak dollars) while the Treasury’s printing press run 24/7 to printing paper to pay off all the maturing bonds that no one wants to "roll" anymore. - I.e. runaway inflations with economic activity depression! - not a pretty picture, for US and most of the world, but china will be hurt much less than most countries as it has 50+ years of experience in running a "closed economy." I am too old too be learning Chinese and have most assets protected against this future so I can take car of my children & grandchildren, but if I were younger: - I would be learning Chinese. I should live long enough to see China rule the world as the US once did. US has great agricultural potential. - It will survive as an economic colony of China - a supplier of food stuffs to China, but that is about it.