I think Chinese leaders will view it as conspiracy by corporate America (and American government) to defraud the Chinese. They will want revenge, and will have it. The question is how?
Stop buying US treasuries and unload a big chunk of the dollars they have. This should tank our economy and blow whatever is left of our RE market to smithereens.
With their remaining currency reserves they will be able to by up controlling interests in most major US corporations (that will be teetering on the edge of bankruptcy) and billions of dollars in prime real estate all over the country. The top percentile of Chinese will then emigrate to America to occupy their newly acquired housing assets.
