Of ALL Government Bureaucrats, the CHINESE Offer Warnings and Advice About Devaluation of Dollar and Over-Spending!
They're worried about the Treasury Bills and the devaluation of the Dollar through reckless spending. This coming from a communist government to a supposedly "free" nation's government! Tells ya something about the state of the US economic policy if communists are more free market in their approach than US officials!
China frets about U.S. Treasury holdings - World business- msnbc.com