Analyst's note:  In addition to having bought vast amounts of American debt, China also has a central bank.  Do you think there might be a connection with our central bank here in the U.S. known as the "federal reserve"? Have you ever heard of the concept of "Kow-Tow"?   I'm not a betting man, but I can imagine that George Soros knows about any such connection. BTW, our federal reserve is not a bank, it has no reserves and it is not federal any more than Federal Express. 

"[....]BEIJING, Oct 4 (Reuters) - An angry China warned Washington on Tuesday that passage of a bill aimed at forcing Beijing to let its currency rise could lead to a trade war between the world's top two economies.

Tuesday's coordinated salvo and the central bank's warning of a trade war and a slowdown in China's exchange rate reforms indicated Beijing was taking the latest currency bill more seriously.

[....] It is very rare for three different ministries of the country to refute something so quickly and strongly, showing how deeply the Chinese government is concerned about the yuan bill," said Wang Zihong, a researcher at the China Academy of Social Sciences, a top government think tank.

"The strong responses made by the Chinese government may also suggest that the possibility would be quite high this time that the United States will pass the final bill in the end and that Beijing is worried about the possible negative impact on China's exports resulting from the legislation," he said.[....]