U.S. Debt to China: How Much Is It and Why?
China has long been one of the major foreign holders of U.S. national debt. Learn how much U.S. debt China holds and why it invests in U.S. Treasurys.
MAGA doesn't like China and thinks the China is ripping off the US, but the problem is the US is ripping off China.China holds more than $768 billion of the U.S. national debt. That's a large portion of the $8.1 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $35 trillion in total national debt is owned by people in the U.S. or the U.S. government itself.12
China has the second-greatest amount of U.S. debt held by a foreign country. Japan consistently tops the list, owning about $1.1 trillion as of May 2024.3
Japan? I never heard of that one. That's a surprise.
