They seem to be big spenders. But instead of taxing more, or sell their debt to their own people, it looks like they are going to raise money by selling treasuries en masse. It makes more sense than selling debt to their own people. Especially with the strong dollar right now. In fact, one of the selling point of this party to begin with is their bashing of the American debt hegemony.
This increases the rejection of American debt sentiment across Asia. As you guys might already know, China has been quietly buying gold as of late and finding discrete ways to dump U.S. Treasuries.
Without the East Asians buying T-bills, there is going to be more funding problems in America.