The U.S. would be to buy the majority of US debt and then dump it...
CNSNews.com) - By the end of February, according to data released yesterday by the U.S. Treasury, entities in Mainland China had relinquished their position as the top owners of U.S. government debt.
Japan took the lead over Mainland China as the top foreign owner of U.S. government debt even though entities in both countries decreased their holdings of U.S. debt in February.
At the end of January, entities in Mainland China had held $1239.1 billion in U.S. government debt and entities in Japan had held $1238.6 billion.
During February, the Japanese decreased their holdings by $14.2 billion, ending the month with $1,224.4 billion in U.S. government debt.
(http://cnsnews.com/sites/default/files/imagecache/large/images/FOREIGN%20OWNERSHIP%20OF%20US%20GOVERNMENT%20DEBT-JAPAN-CHINA-PHOTO.jpg)
full article...
http://cnsnews.com/news/article/terence-p-jeffrey/china-no-longer-top-foreign-owner-us-debt (http://cnsnews.com/news/article/terence-p-jeffrey/china-no-longer-top-foreign-owner-us-debt)