Thread: " China's holdings of US debt much larger than reported..."

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  1. #1 " China's holdings of US debt much larger than reported..." 
    An Adversary of Linda #'s
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    China's holdings of US bonds reached $1.16 trillion at the end of December, almost $270 billion more than previously estimated, new data showed Monday.

    We owe:
    China: $ 1.18 trillion in October
    Japan: $ 882 billion in December
    Britain: $ 272.1 billion.


    Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US treasuries and other securities, held 26.1 percent of the total of $4.44 trillion held by foreigners, the Treasury said.
    snip
    Chinese-held Treasuries have fallen since hitting a high of $1.18 trillion in October, under the revised figures.

    Japan remained by far the second largest holder of US government debt, with $882 billion in December, around $1.3 billion less than original estimates.

    Britain was third at $272.1 billion.

    http://news.yahoo.com/s/afp/20110228...ancebondschina
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  2. #2  
    Fabulous Poster
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    Very simple- we give China Iran and call it even. Hell, let's be generous and throw in Afghanistan as well.
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  3. #3  
    An Adversary of Linda #'s
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    Quote Originally Posted by Novaheart View Post
    Very simple- we give China Iran and call it even. Hell, let's be generous and throw in Afghanistan as well.
    And they take the rest of the middle east ...Good plan Gordo !
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  4. #4  
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    Quote Originally Posted by megimoo View Post
    And they take the rest of the middle east ...Good plan Gordo !

    China already borders Afghanistan and Afghanistan borders Iran.
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  5. #5  
    An Adversary of Linda #'s
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    Quote Originally Posted by Novaheart View Post
    China already borders Afghanistan and Afghanistan borders Iran.
    Very good, But they don't have the carte blanche you seem to advocate !
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