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1.2 trillion

Edit: I am answering a simple question. I am not offering any interpretation or comments. So I don't know why commentators are trying to drag me into a debate.

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That's... not how US debt works. Countries use the dollar as a reserve currency through buying up treasury bonds. It's simply a safe place to park their money. The US 'owes' China 1.2 trillion in the same way your bank 'owes' you the balance of your checking account.

I own bank of america.

I don't see that as an answer to the question I asked. I did not ask how much US government debt was held by China.

If that is all OP meant, I would ask them why they think China owning US bonds is particularly meaningful for the US.

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