Even if true ( which I don’t know either, ) we can be sure those treasuries will get bought up. If not absorbed by the market, ( others trying to suck up to Trump et al ) then the FED will buy them.

I’m not saying I like it, but the concept of China hurting the US by dumping treasuries never made sense to me.

Furthermore, they need them for collateral when securing Dollars from the Eurodollar market. Nobody will lend them USD for some collateral tied to their overpriced real estate.

( In my humble opinion )