How so? China owns ~10% of US treasury bonds, which makes them the largest singl...

lukesandberg on Oct 21, 2011 | parent | context | favorite | on: What If We Paid Off The Debt? The Secret Governmen...

How so? China owns ~10% of US treasury bonds, which makes them the largest single holder of Treasury Bonds. This does not mean they bought anything other than a promise for repayment at a stated rate.