The Chinese produce goods because people buy them for cash, not because we "send" them debt (which is another way of saying that they buy US treasury securities

The Chinese produce goods because people buy them for cash, not because we "send" them debt (which is another way of saying that they buy US treasury securities). As long as US consumers purchase 100s of billions of dollars in Chinese goods (the Chinese->US trade was 340 billion in 2008), China will continue to run its factories at full-blast.