Well done, USA! China finally falls into a trap

China has over 1 Trillion of USD exposure that they need to sell. I\'d say China is cornered successfully by the U.S. Look at it this way, US had been able to sell to China papers and numbers they print or increment in the banking system, while getting real commodities from China at bargain prices. Now it realized that China has accumulated enough of USD based assets, and it\'s time to let USD drift... What a wonderful plan! With the 9% appreciation of RMB China has already lost 120bln\'s worth of the foreign reserve in RMB terms ...., scary....