?US owes china a lot of money...about 3 trillion dollars (2009)
None. The US owes other countries, like China, money that they have loaned to us.
6.88169675 Chinese yuan ==
As of July 2014, the estimated amount of money owed to China from the United States is 17 trillion dollars. The US owes China more than any other country.
?US owes china a lot of money...about 3 trillion dollars (2009)
an average house in china costs about 1 dollar in us money
50 us dollars per person
Because the US spends far more each year than it takes in. That is called the deficit. Every year that we have a deficit, we need to borrow money to make up the difference. That is called the debt. Much of that loaned money comes from China, or the debt was assigned to China by whoever the US borrowed from. Since we're living on borrowed money, we have to owe someone. China is one of those someones.
yes because the us pays china good money to do labor ex; making clothing, cars, toys. And the us could purchase American made goods and services to stimulate our economy.China dose have more money than US but its far from a better economy than US. Economy is checked by dividing the money country have with its population. US barely has less money than China so consider that China has $10 trillion and US have $7 trillion now dividing china's money with it's population of 3 billion and US money with .35 billion you wound notice China has only $3333 per person and US has $21,428 which is about 6.5 times more money than China. So China will have to earn more 6.5 more times of it's current money to beat US economically.
way to much
The US has a trade deficit with China. That means China sends the US goods worth worth more money than those the US sends China.
yes because china made paper money first.