Now that the relationship with China has soured and the People’s Republic of China has become the greatest adversarial threat to the U.S. and Western security, policymakers should revisit thi…

The United States pays interest on approximately $850 billion in debt held by the People’s Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders.

  • McMillan@lemmy.fmhy.mlEnglish
    41·
    1 year ago

    Not in any way, shape or form connected to the current microelectronics and raw material fight between the two countries, right? Right?

    • Deceptichum@kbin.socialEnglish
      31·
      1 year ago

      Probably more related to the fact that China’s economy is in the gutter and they can’t.