This is what dumping the dollar looks like, they are "newbies" sure, but I think it speaks louder about the mass exodus on dollar holdings "positively" affecting every sector of the US economy. Look at real estate, art, hotels, businesses, etc etc etc. This is the wave before a tsunami of worthless fiat currency hurdles over the horizon with hyper inflation.
Look at the Fed's decision not to raise interest rates this quarter, it's a huge sign that their QE recovery attempts are just a complete failure. Yesterday's forecast for the first quarter of this year was barely .5% in GDP growth, what's stopping it from being negative?
The Chinese are astute, some of them may have elected to hand register domains instead of buying in the aftermarket, but not all of them! Yesterday the Chinese Yuan had it's biggest rise against the dollar since like 2005, and with QE4 coming soon, there is nothing holding propping up the dollar like the Yuan did in QE1.
Negative interest rates soon? Who knows, let's hope not.