Then you have interesting situations that give China a free pass.
https://thehill.com/opinion/international/4075341-china-is-in-default-on-a-trillion-dollars-in-debt-to-us-bondholders-will-the-us-force-repayment/
https://www.abrdniaf.com/en-us/us/investor/insights-thinking-aloud/article-page/digging-deeper-china
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What exactly are you saying?
USD is still king, and Chinese bonds are sus - but China is obviously the largest economy in the world.
