China Remains Biggest Holder of U.S. Debt

Wall Street Journal ^ | 4/30/2010 | Sarah Lynch and Meena Thiruvengadam

[ErnstStavroBlofeld]

The verdict is in: China is still the top holder of U.S. government debt, the Treasury said in a report on Friday.

The report showed that as of December, China held $894.8 billion in U.S. securities. The figure is consistent with a preliminary report released in late February.

Friday's final version of that report puts to rest a question about whether Japan had surpassed China as the top holder of U.S. debt in December. A report released by the government in mid-February had suggested that China had lost its top spot—one it had gained in 2008.

But then, later that month, the Treasury revised that finding in the preliminary report that found China still held the top spot.

Friday's report also shows that China's holdings have declined since the end of last year by $17.3 billion as of February, but nevertheless still remained the top foreign holder with $877.5 billion. Japan in February 2010 had $768.5 billion, while the U.K. had $233.5 billion.

[rockhardo]

Look for the Chinese government to begin making policy decisions for the US on issues like immigration, in exchange for further loans, which under the Obama regime will amount to the entire value of all US property. China has a proxy state, N. Korea. Remember that Jimmy Carter and Bill Clinton allowed N. Korea to pursue nuclear capability. Bill Clinton is also rumored to have transferred high military technology to China in exchange for campaign cash. The liberal fascist elites have shown eagerness to sell future generations into communist slavery in exchange for Chinese help in establishing socialism in the US.

[pnh102]

Sadly the joke is still on China.

[Liz]

[Dixie Yooper]

I thought the Social Security Administration held the most debt. About 9 trillion the last time I read about it.