It is scary that China has enough investment, $1.33 trillion, in the United States treasuries that it could seriously threaten to trigger a US dollar crash. However, it is very unlikely that it would ever execute such a threat.

China does not want the world economy to become unstable. Doing so would decrease the demand for Chinese goods which would be bad for the Chinese economy. This is most likely just a scare tactic that they are using in order to try to prevent the United States from imposing trade sanctions.

Don’t you just love the communists?