The piece you quoted is so ignorant it is quite hilarious.
First of all Russia and China are not allies and the idea that Russia can force China to do anything is laughable.
Second, China pointedly did not support Russia over Ukraine. It is keeping itself out of this altogether.
Thirdly, the idea that China would agree to try to drive down the dollar by selling it's US treasuries is complete nonsense. This would mean China would make it's enormous reserves worthless and destroy it's exports to the US creating an enormous recession in China.
Your cognitive bias is showing.
News flash, China already knows it's reserves are worthless, it has been buying gold and other commodities to compensate. That is the whole point, when it dumps it's reserves, it will get rid of as much of them as it can, then who will be left holding them?
Once it does so, China has a BILLION people, it will find a market for the goods it creates, be sure of that. Mercantilism isn't necessarily dead. Have you seen what China is doing in Africa? How about their Pakistani port? Likewise, it has been developing trade with other nations. The rest of the world can give China as much as it needs for the goods it produces. Your American exceptionalism has blinded you to reality. You are like the abusive husband that thinks his abused wife can't live with out him.
Think what you will. Perhaps we just have different experiences and different knowledge.
I knew that the 2008 collapse of the stock market was going to happen before it did. Christopher Story predicted it in 2006, it was published on his website. He published and foretold of the corruption in Fannie-Mae and Freddie-Mac.
Perhaps what he has published in collaboration with Anatoliy Golitsyn may not be too far off the mark. President Obama certainly fits the profile. What the Americans and the European collective have done in the Ukraine have certainly played right into the Russians' hands, hasn't it? The allies didn't put up much of a hassle for the Russkies in Georgia either now, did they?
Of course the Russians can't "make" the Chinese do anything, the Chinese are willing partners. That is the whole point when you understand
The Perestroika Deception. Likewise, Obama and the Democrats are also the Russians' allies when you study
The Perestroika Deception. By funding Euromaiden, placing Nazi's in control in Ukraine, it necessitated the moves by the Russians, it forced their hand. How innocuous.
http://en.wikipedia.org/wiki/Christopher_Story
Since 1970, Story edited and published International Currency Review,[4] which has included the World Bank, the Federal Reserve, and the Bank of England amongst its subscribers.[5] Story became an economic adviser to Prime Minister Margaret Thatcher,[6] and in 1991, a year after her resignation, he published Soviet Analyst due to his continued scepticism about Mikhail Gorbachev, perestroika and the official version of events in the Soviet Union.[7] Soviet Analyst was a respected journal whose previous editors included Robert Conquest and Tibor Szamuely,[8]
In May 1992, Story was approached by KGB defector Anatoliy Golitsyn, who supported Story's analysis of the Soviet Union in Soviet Analyst. Golitsyn handed over to Story his memoranda to the CIA, which Story edited and published in 1995 as The Perestroika Deception. In an interview in 1995, Story said: "The purpose of perestroika has been to convince the gullible West that communism is dead, that the Soviet Union has collapsed."[9] Story said that he agreed with Golitsyn that "the Sino-Soviet split was a deception which masked the continuing collaboration between the Russians and China."[10]
Unfortunately, since he was assassinated, his site no longer exists, just bits and pieces archived here. Rumors abound on the internet that the final blog on the archive is a forgery by the CIA operative from a Knight of Malta who did the assassination. Who knows.
http://christopherstory.org/
What's the old saying? If something happens in politics, it isn't by accident.