FOLLOW THE MONEY:
The USA buys Chinese Goods.
USA >>>>>>>>>>>>>>>>>>>>>>>>>>>>China
China uses the money to buy billions in US Treasury Bonds.
China>>>>>>>>>>>>>>>>>>>>>>>>>>>USA
USA pays billions in Interest.
USA>>>>>>>>>>>>>>>>>>>>>>>>>>>>China
Since the money originated in the USA, the balance is an enormous debt owed to China.
Resolution
Texas>>>>>>>>>>>>>>>>>>>>>>>>>>China
May not be such a bad thing for you Texans.
The USA buys Chinese Goods.
USA >>>>>>>>>>>>>>>>>>>>>>>>>>>>China
China uses the money to buy billions in US Treasury Bonds.
China>>>>>>>>>>>>>>>>>>>>>>>>>>>USA
USA pays billions in Interest.
USA>>>>>>>>>>>>>>>>>>>>>>>>>>>>China
Since the money originated in the USA, the balance is an enormous debt owed to China.
Resolution
Texas>>>>>>>>>>>>>>>>>>>>>>>>>>China
May not be such a bad thing for you Texans.