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China getting out of the dollar

China is CURRENTLY doing all of the following to recycle dollars, while lessening its exposure to US Long Bonds:
1. Fund their own internal stimulus plans (as a percentage of GDP, China's Economic Stimulus Package is the largest in the world, appx 2x the size of the US's)
2. Shortening the maturities of the US debt that it currently holds. (a classic anti-inflationary play)
3. Selling US bonds and investing the dollars in corporate acquisitions (Rio Tinto, GM Hummer, The Cavaliers)
4. Selling US bonds and investing the dollars in oil, commodities and gold.
5. Using currency swaps for foreign trade to bypass the dollar.
6. Investigating alternatives to holding Central Bank Reserves in Dollars, by talking about using SDR's or creating other regional currencies.