The best picture about the foreign aid and debt relationship between the US and China that can be found
The nation is in trouble when it comes to debt, with the worst of it being that we are paying foreign aid to China while the nation owns some of our debt. It comes down to the point that this is irresponsible of the government and needs to end. China is not our ally, though the government believes that it needs to pay friendship. People talk about this, but rarely do they understand the full scale. Here it is, as much as available for the public to know. Debt Owned Here, via Statista , is how much of the US federal debt is owned by China. The debt is not supposed to be owned by them, but with a wink, the government sells it to people who they know will sell it to China. “According to the Federal Reserve and U.S. Department of the Treasury, foreign countries held a total of 7.4 trillion U.S. dollars in U.S. treasury securities as of April 2023. Of the total 7.6 trillion held by foreign countries, Japan and Mainland China held the greatest portions, with China holding 868.9 billion U.S. ...