For more information, please contactcupola@gettysburg.edu. Quint, Ryan T. (2015) Ambrose Burnside, the Ninth Army Corps, and the Battle of Spotsylvania Court House,The Gettysburg College. Journal of the Civil War Era: Vol. 5, Article 7.
Updated April 17, 2017. The U.S. debt to China is $1.059 trillion, as of February 2017. That's 27.8 percent of the $3.8 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $19.9 trillion national debt is owned by either the American people or by the U.S. government itself.
Criticism of China Owning U.S. Debt. To put China's ownership of U.S. debt in perspective, its holding of $1.2 trillion is even larger than the amount owned by American households. U.S. citizens hold only about $959 billion in U.S. debt, according to the Federal Reserve.f all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund 's holdings of nearly $3 trillion and the Federal Reserve 's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy.