Faced with trade deficits, China may decide to dishoard surpluses by selling U.S. government bonds, or it may decide to abandon its peg to the dollar.

• 面对着贸易赤字，中国很有可能会选择通过抛售美国债权的方式来抛售公债，或者会决定放弃其紧盯美元的政策。