Yes but they would have to sell it on a secondary market. Those only exist in New York and in London, and what our research found was that the liquidity in thos

Yes but they would have to sell it on a secondary market. Those only exist in New York and in London, and what our research found was that the liquidity in those markets was enough to handle a selloff. The short version is that the Chinese are limited by the markets that they are able to sell these instruments, and not vice-versa.