Anonymous ID: df79da March 24, 2020, 7:26 p.m. No.8554335   🗄️.is 🔗kun

China's secret? It owes Americans nearly $1 trillion

 

Updated Jan 10, 2019; Posted May 18, 2012

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By Syndicated columns

By Richard Parker

 

China has a secret: It owes American investors hundreds of billions of dollars.

 

The Chinese government doesn't like to talk about it and the U.S. government doesn't want to raise it. But decades ago, Beijing defaulted on debt owed to Americans, as well as investors and governments around the world. In one case, it was paid. In the rest it was not. More than 20,000 American investors own this debt. The U.S. government may also own Chinese war debt, unpaid since World War II.

 

https://www.oregonlive.com/opinion/2012/05/chinas_secret_it_owes_american.html