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With a debt of 1.1 trillion USD to China, will the US 'run away from debt' to the 'lending tycoon'?

PV Group - May 22, 2021 09:35

(Baonghean.vn) - Currently, the US owes China 1.1 trillion USD. The amount of US Treasury bonds that China holds in February 2021 is 1.1 trillion USD, an increase of 9 billion USD compared to January and the highest total since July 2019. So how did China become one of the largest bankers of the US? And what caused the US to become the world's largest debtor?

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