Not really. Everything I’m finding indicates they own less than $1t, or ~2%. The vast majority of US debt is owned by US citizens.
Comment on China overtakes US to lead global R&D spending, hitting $615bn
MrSulu@lemmy.ml 4 days ago
China also owns a LOT of the US national debt too.
Alexstarfire@lemmy.world 4 days ago
avidamoeba@lemmy.ca 4 days ago
So you’re saying China’s R&D spending is even higher?? 😄
MrSulu@lemmy.ml 4 days ago
Its more an observation of their spending power and potential.