A state does not work as a company or a home. It is a tad more complicated than that. First the debt is acquired at near 0% interest. Second, most of it is own

A state does not work as a company or a home. It is a tad more complicated than that. First the debt is acquired at near 0% interest. Second, most of it is own to Europe not China. Finally, it will very probably be quietly defaulted in a few year and nobody will notice.