Worldfocus » Brad Setzer http://worldfocus.org International News, Videos and Blogs Fri, 20 Nov 2009 23:46:51 +0000 http://wordpress.org/?v=2.6 en China ousts Japan, owning the most U.S. debt http://worldfocus.org/blog/2008/11/19/china-ousts-japan-owning-the-most-us-debt/2809/ http://worldfocus.org/blog/2008/11/19/china-ousts-japan-owning-the-most-us-debt/2809/#comments Wed, 19 Nov 2008 20:45:30 +0000 Worldfocus http://worldfocus.org/?p=2809 China has surpassed Japan as the U.S. government’s largest creditor. China owns at least 10 percent of all U.S. debt, as much as $800 billion dollars.

Brad Setser of the Council on Foreign Relations speaks with Martin Savidge about the potential upset of the balance of power and mutual influence between the U.S. and China.

Brad Setser of the Council on Foreign Relations discusses the shifting power dynamic accompanying China’s economic ascendancy. /files/2008/11/th_china_setser.jpg /files/2008/11/th_china_setser.jpg ]]> http://worldfocus.org/blog/2008/11/19/china-ousts-japan-owning-the-most-us-debt/2809/feed/