Now that the relationship with China has soured and the People’s Republic of China has become the greatest adversarial threat to the U.S. and Western security, policymakers should revisit thi…

The United States pays interest on approximately $850 billion in debt held by the People’s Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders.

  • assassin_aragorn@lemmy.world
    6·
    1 year ago

    You would have thought that if had really been a pressing matter, Trump would have handled it when he started the US / China tradewar right before COVID, as it was clear Don didn’t have any qualms pushing potentially destructive diplomatic policies that were unpopular to the Chinese.

    This is a fantastic point. The article sounded correct when I read it, but it felt very obviously biased as well. Your comment here helps me square everything.