Please see significant UPDATE below.
Last week I made fun of a New York Times op-ed that recommended a grand strategic bargain to resolve several big US-China tensions at once. The Chinese would write off the trillion-dollar-plus debt owed by America. Presumably this would apply only to U.S. Treasury debt in the hands of Chinese government institutions, since otherwise it would be hard to convince some rich family in Tianjin or pension fund in Shenzhen to walk away from loans or investments it had made in the United States. Further on practical difficulties here. In exchange, the United States would stop selling arms to Taiwan and end its promise to defend Taiwan against military attack. The only plausible source of such attack is of course mainland China, which views Taiwan as an integral part of its nation and is therefore permanently aggrieved about US-Taiwan military ties.
I began my item wondering whether the article was "some kind of put-on" and ended with a link to a Taiwanese cartoon parody. The author of the op-ed, Paul V. Kane, has written asking if he could reply. Below, in full and without further comment by me, is his expanded view of the argument he wanted to make. Thanks to him for weighing in.