The Americans are panicking over China, they have no idea what to do and are just making knee-jerk responses pretending they are doing something and looking 'tough' in the eyes of Americans. Yet what exactly can they do to a country that has 3 trillion US dollars in 'spare change' of your currency and holds US$759 billion in your treasury bills?
The fact is, just like the financial meltdown a while back, China will just use this opportunity to buy up even MORE of American manufacturing, invest in building more US manufacturing plants (using American slave labor wage workers) and soon the US will be nothing more than a branch plant country for Chinese corporations, all profits returning back to China.