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(Image from article: "In China, Biden bungles numbers regarding the U.S. debt")

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In China, Biden bungles numbers regarding the U.S. debt

In China, Biden bungles numbers regarding the U.S. debt

Vice President Biden mistakenly claimed Americans own 85% of U.S. Treasury securities during his visit to China.

 

China Remains Top Treasurys Buyer

China boosted its net holdings of U.S. Treasurys in May for the second month in a row, remaining the largest foreign holder, according to the Treasury International Capital report.

 

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