I liked this part of the text...

"A familiar problem with China's diversification attempts is that even major asset classes, such as Japanese, UK, or German government bonds, can't match the massive liquidity of the Treasury market."

That's quite true, although the Chinese add their intelligence... their discipline, and they're certainly hitting the nail on the head in their quest to eliminate dependence on the dollar!! And establish their own currency and have control... That control that, as a superpower, you must have if you want other countries to continue to see you that way...!!

And although the Chinese aren't completely out of their depth yet... If they continue their path in Gold, they're headed in the right direction...