[BKLYNH2]

I have seen this same type of story several times now and most of the time it's written by a complete nut job, and when you research their sources you find out that the quotes have been distorted as well. You should all click the link at the top of BP's first post. It is a much more credible source with a completely oppisite viewpoint.
If China were to flood the market with dollars not only would they damage the US economy and currency they would also be shooting themselves in the foot and probably 70% of all the countries in the world. Japan has even larger reserves of dollars. The rest of the world including China have far too much interest in keeping the dollar afloat to do something as stupid as dump there reserves on the market.