About 3000 top chinese officials and their families control 1.3 billion people's education, work, medical or everything. You think those guys care more on US dollar 10% annual depreciation in the next 5-10 yrs than how to keep their asses on the chair seat for ever ? Whatever Chinese officials talk about is just a show mainly for the 1.3 billion poor who have no voting rights and need to be fooled on. Plus, they can produce gold 500 tons a year now. If dollar falls too much, they will just produce more gold domestically or send their workers to Africa to find more gold, which is what the smart and hard working chinese workers are very good at. So China will be very passive to the dollar depreciation, other than stop buying new US t-bills, or try to buy more mines in LA or Africa, or secretly buy more gold under the names of Hong Kong companys from the open market and ship the gold to the new HongKong gold centre warehouse without being noticed by the market, the bottom line is that they don't care that much and they don't want to piss US off, otherwise US will sell more advanced arms to Taiwan to get their king like lives bothered.