Japan (an ally) and China may own most of America's foreign debt but the vast majority of US debt is owed by the US. And if China sells some of that debt othe

Japan (an ally) and China may own most of America's foreign debt but the vast majority of US debt is owed by the US. And if China sells some of that debt other countries are more then happy to buy it. https://www.reuters.com/markets/us/foreign-holdings-us-treasuries-august-hit-highest-since-december-2021-data-2023-10-18/ https://www.reuters.com/markets/us/foreign-holdings-us-treas... The US would prefer to have a better relationship with China but Chinese threats to invade independent country of Taiwan make it very difficult