Based on the class materials, which of the following statements about the large imbalance in trade and capital flows among China, the US, and the rest of the world is INCORRECT.

Group of answer choices

A. If China's investment rate matches its savings rate, then China will not have a large trade surplus with the US and the rest of the world.

B. If the US increases its aggregate investment (I), such as raising infrastructure spending, ceteris paribus, the US will have a smaller trade deficit with China and the rest of the world.

C. China holds a large official reserve in US dollars because of its surplus in trade, FDI inflows, and capital control in recent years.

D. The US can reduce its trade deficit with China if it relaxes its restrictions on high-tech exports to China.