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Well China has a huge national interest in keeping the dollar strong, too. Most of their reserves are in dollars, and the Yuan is pegged to the dollar as well, although that's a significant lowball on what the Yuan is actually worth.
Here's what I think is going to happen - they're going help to "bail us out" by giving us some of their reserves, then they're going to slowly but surely change their reserves into a different currency (most likely the Euro), and allow the Yuan to appreciate.
But that's all going to take at least 10 years unless they want to toss their own economy into crisis.
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