Answer to Question #271002 in Macroeconomics for Mehwash Sk

Question

According to By the Numbers, what percent of total national debt and foreign held debt is held by China? How about OPEC nations? What does this suggest about the relative importance of U.S. relations with China and OPEC nations?

Answer 1

The overall debt of China was 270.1% considering the gross domestic product. This suggests importance of unity within nations that should be maintained to enhance cash flow.