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If Americans ONLY knew.. USA 800 BILLION Debt Owed to China
If only Americans knew...... USA 800 BILLION Debt Owed to China
Current Debt Figures
As of April 2024, the United States owes approximately $749 billion to China in the form of Treasury securities. This makes China the second-largest holder of US debt, following Japan, which holds about $1.1 trillion.
Historical Context
In 2000, China's holdings were around $105.6 billion.
By 2014, this amount had increased significantly to $1.2 trillion, marking a peak in foreign ownership of US debt.
Since then, China's share has fluctuated, and as of 2023, it holds about 25% of all foreign-owned US debt.
Reasons for Holding US Debt
China invests in US Treasury securities primarily because they are considered safe and stable investments. The US dollar is the standard currency for international trade, making these securities attractive for portfolio diversification and economic strategy.
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