And that is a good thing? Regardless, if the Chinese and/or the Japanese stopped buying our debt or started to cash out, they would plunge this country into economic chaos. And that gives them an enormous influence over us, the world's largest debtor nation.
If you would see my other posts you would see I think debt is a bad thing despite whoever owns it. I just don’t think we are at a panic stage yet regarding China or Japan. Our total debt is almost $12 Trillion and that is a much more worrisome than the fact that China owns less than 10% of it.