Here's what they could do with there stash.....
1- China could gobble up Apple, Microsoft, IBM and Google for less than $1 trillion. By buying all the major corporations, it can dictate terms and prices to the world.....
2- China can buy all of Manhattan,. The island's taxable real estate is worth only $287 billion, according to the New York City government.
The properties of Washington, DC, are valued at just $232 billion. China can go from being America's banker to its landlord.....
3- Three trillion dollars would buy about 88 per cent of 2011's global oil supply.
China can buy up all the oil, raise the prices and enjoy the profits.....
4- It would take only $1.87 trillion to buy all of the farmland (and farm buildings) in the United States.
If China acquires all the agriculture farms and farm buildings, it can easily control the world's food prices, as America is the biggest exporter of food products.....
5- China could theoretically buy America's entire Department of Defence, which has assets worth only $1.9 trillion, according to its 2010 balance sheet.
Most of this amount would actually be able to buy all the land, buildings and investments made by the US Department of Defence. The entire armament -- guns, tanks and other military apapratus -- is valued at $413.7 billion.....
6- China could buy all of the outstanding sovereign debt of Spain, Ireland, Portugal and Greece, solving the euro area's debt crisis in a trice.
And it would still have almost half of its reserves left over......
China......
1- China could gobble up Apple, Microsoft, IBM and Google for less than $1 trillion. By buying all the major corporations, it can dictate terms and prices to the world.....
2- China can buy all of Manhattan,. The island's taxable real estate is worth only $287 billion, according to the New York City government.
The properties of Washington, DC, are valued at just $232 billion. China can go from being America's banker to its landlord.....
3- Three trillion dollars would buy about 88 per cent of 2011's global oil supply.
China can buy up all the oil, raise the prices and enjoy the profits.....
4- It would take only $1.87 trillion to buy all of the farmland (and farm buildings) in the United States.
If China acquires all the agriculture farms and farm buildings, it can easily control the world's food prices, as America is the biggest exporter of food products.....
5- China could theoretically buy America's entire Department of Defence, which has assets worth only $1.9 trillion, according to its 2010 balance sheet.
Most of this amount would actually be able to buy all the land, buildings and investments made by the US Department of Defence. The entire armament -- guns, tanks and other military apapratus -- is valued at $413.7 billion.....
6- China could buy all of the outstanding sovereign debt of Spain, Ireland, Portugal and Greece, solving the euro area's debt crisis in a trice.
And it would still have almost half of its reserves left over......
China......