In fact, this foreign debt does not belong to the United States borrowing money from China, but China investing in the United States. The United States is the largest economic power in the world and the largest and safest investment market in the world at present. If China wants to control the exchange rate of RMB against the US dollar, it needs to invest in the United States and buy American assets, which will also benefit China.
China's investment in the United States is China's foreign exchange. And the money invested becomes dollars, which are several major currencies commonly used in the world. Almost all the trade between countries is settled in US dollars, but now RMB can't be used in the international market, and China can only get back US dollars instead of RMB.
These dollars can be reinvested in other countries, such as Japan and Switzerland, but as mentioned above, the United States is the largest investment market, so the money is reinvested in the United States. Investing in real estate and other industries is too risky, so it is better to buy safer and better government bonds. Therefore, China has become the largest creditor country in the United States, with a total of * * * 65,438 USD +0.28 trillion, which is about 8 trillion RMB.
Even if the money can be recovered at home, it is impossible for every country to share such a large sum of money. It must be macro-control, but it will lead to a sharp rise in prices, so it is very harmful.
Finally, please don't be so cynical. The country has more things to consider than you.