Quote from Paaah:
China will never stop lending to the US.
If they stop lending to the US, the dollar is very likely to plummet, and all the savings of China will be reduced.
Indeed, the most important part of the chinese savings are invested in the US (Treasury bonds) and thereby consist of dollars.
There is an interdependance between the US and China, and no one have an interest in breaking it.
The Chinese have been slowly letting their currency rise against the US dollar. If the dollars starts to go down substantially, they will let their currency rise further. It appears the Chinese are selling dollars right now and buying Euros.