Reply #9: That is true. But their imports from other countries will be cheaper. [View All]

[amandabeech]

Oil being first among them, but also basic metals and coal.

Agricultural imports from the U.S. will also be cheaper.

I figure that they will cut back on treasury purchases at some point. I read here on DU, either here or in the stock market watch thread, that the Chinese are interested in short-term rather than long-term securities. My guess is that they believe interest rates will go up, and they'd rather be in the position to buy long-term high interest bonds. But what do I know--I'm a former history major.