this post was submitted on 05 Jul 2023
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China is in default on a trillion dollars in debt to US bondholders. Will the US force repayment? (thehill.com)
submitted 1 year ago by [email protected] to c/[email protected]
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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…

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[–] [email protected] 17 points 1 year ago

Yes but the US isn't in default on that debt. Interest is being paid. And China will keep buying US Treasuries to manage the price of the Yuan vs Dollar.