Confusion between a government holding debt, and a holder of government debt notwithstanding, a state actor can also hijack an airplane and ask for a billion dollars, or they will kill a hostage every 30 minutes.<p>Or, they can threaten to nuke South Korea if you don&#x27;t send them food.<p>As it&#x27;s not ran by people with the financial and diplomatic acumen of either the Tea Party, or the Kim family, China&#x27;s not likely to do either.