China Leads List of Biggest U.S. Creditors
January 10th, 2011Via: Reuters:
President Barack Obama will host Chinese President Hu Jintao for a state visit on January 19, and the leaders of the two economic powerhouses are expected to discuss thorny issues such as China’s trade surplus and its currency policies.
The United States will tread carefully as Beijing is the country’s largest creditor, holding more than $900 billion worth of U.S. Treasury bonds.
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