Shotgunner51
RETIRED INTL MOD
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China's government (including one on Taiwan) can't really help the US government with its trade woes.
But perhaps China can propose debt relief in return for Alaska. Why not? Once the Russian Empire sold the piece of land. It can be re-sold as it is of little value for the US.
View attachment 348821
$7.2 million in 1867. Some $120 billion in current rates. China can double or triple the original cost.
I really want China to have territories in the Arctic.
I agree with @Penguin, let's leave Alaska out of the question.
Yes China (incl HK & Taiwan) is the largest creditor nation, and US is the largest debtor nation. But no, the size of US indebtness is so huge that China alone can't cater for, not even Japan and KSA are included (Germanic countries have to feed debt of other European debtors e.g. PIIGS). By end June 2016, US's net investment position was USD -8.0428 trillion, check positions of the top 10 creditors
- JAPAN: US$ +3.41896 trillion
- GERMANY: US$ +1.718391 trillion
- CHINA (Mainland): US$ +1.6636 trillion
- HONG KONG: US$ +1.1114652 trillion
- TAIWAN: US$ +1.053905 trillion (**data from end of 2015)
- SWITZERLAND: US$ +764.57 billion
- NORWAY: US$ +728.202 billion
- NETHERLANDS: US$ +583.5015 billion
- SINGAPORE: US$ +577.399 billion
- SAUDI ARABIA: US$ +572 billion
Source:
http://bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm
https://defence.pk/threads/whos-worlds-4th-largest-creditor-nation.455610/page-3#ixzz4OxS7DyyR
http://bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm
https://defence.pk/threads/whos-worlds-4th-largest-creditor-nation.455610/page-3#ixzz4OxS7DyyR
Main driver of US liabilities is their National Debt, which is again NOT dominated by China (incl Mainland, HK, Taiwan) alone. But I can't tell exactly how much China owns when some could be held through proxy accounts say Euroclear in Belgium or Caribbean banking centers.
Read the full report at: http://www.cfr.org/budget-debt-and-...its/p33185?cid=otr-marketing_use-balanceowed/
