How China accumulated $28T in debt

Re:How China accumulated $28T in debt by dev1n on Thursday January 28, 2016 @04:26PM (#10991490)

and that would cause a run from the yuan, right?

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Re:How China accumulated $28T in debt by vkou on Thursday January 28, 2016 @04:40PM (#10991592)

I'm not sure - it will, however, make it more expensive for the US to sell new bonds. (Why lend Uncle Sam $100 at a 1% interest rate, when you can buy a piece of paper that says Uncle Sam will pay you $100 next year for $98 from China?)

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