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14y ago

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How much is America's debt to China?

The national debt in China is very high. It is roughly 14.6 trillion yen. When that number is converted to USD, the number is roughly 2.3 trillion dollars.


How much debt does the US owe china?

2 trillion dollars


How much is US foreign debt?

US foreign debt is now over 4.5 trillion dollars a year. China holds a majority of the US foreign debt.


What will happen if China's economy drops?

China pretty much owns the United States because we are in so much debt with them. If their economy drops, Americans will be out on the street.


What do catholics thinks about china's ecological problems?

Catholics are pretty much like everyone else when it comes to china... we want to get out of debt!!!


Who is America in debt to?

china


Who is the owner of US debt?

China


Why do we owe china so much money?

Because the US spends far more each year than it takes in. That is called the deficit. Every year that we have a deficit, we need to borrow money to make up the difference. That is called the debt. Much of that loaned money comes from China, or the debt was assigned to China by whoever the US borrowed from. Since we're living on borrowed money, we have to owe someone. China is one of those someones.


Who owns the US national debt?

china


How much did Reagan borrow from china?

During Ronald Reagan's presidency from 1981 to 1989, the U.S. national debt increased significantly, with much of the borrowing attributed to various factors, including tax cuts and increased military spending. By the end of his administration, the national debt had more than doubled, partly due to borrowing from foreign countries, including China. However, specific figures detailing how much was borrowed directly from China during Reagan's presidency can be challenging to pinpoint, as foreign debt accumulations are often reported collectively rather than by individual country.


What is China's national debt?

18.23 trillion yuan


Who owns most of United States debt?

China

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