*Loan,banking and credit>>>bank of china

How did China become the World Bank? Why does U.S. owe so much to her?

I am amazed as to how this happened. After all the U.S. was the primary victor in WWII and the U.S. loaned and rebuilt much of the world and still is! And this story about how China owns so much of U.S. debt is just mind boggling to me! How doe the U.S. owe money to OF ALL PLACES CHINA?! Please somebody explain to me the process and history of this. Does it make since that the U.S. who built much of the industrial world in third world countries around the world for the past 60+ years " OWES" money to China? The U.S. loaned military equipment to USSR and marshall plan and etc etc, now U.S. owes money!? how?!

Main reason is Treasury Bonds. China and Japan buys treasury bonds in america reason being they dont want dollar to devlaue. So what they do is they buy treasury bonds which results in more demand of dollar causing the dollar to appreciate, also it is the safest investment as government can never default on its bonds. If the dollar deppreciates the chinese and japanese goods will become expensive to US consumers so chinese keep on feeding America's Capital account to balance of the trade deficit. Note that America imports 75 % of the exports from china and japan.

HER!!!?? since when did countires have genders
Basically, China is the only country who has made Socialism/Communism work while prospering the entire nation by avoiding corruption within the government. Basically, the government itself, is rich. So it buys all the US debt. The US offers money to so many different countries and territories while China doesnt.
Saver verse a giver. The saver is going to have more money.
China is the richest because she has sold billions of useless
little plastic things to everyone else.
Must be all that take out food
america were not the primary winners
didnt rebuild the world
and its because america are 8.2 trillion in debt there isnt a 1st world country america dont owe money
Country's are all called her you dimwit!
China is the fastest growing country in the world. their doing this by ploughing billions into the already rich areas and putting none at all in to the undeveloped areas. in fact if you pan in on on of their main city's, you cant help but admire how spectacular it is. when it pans away and you realise its completely surrounded by shanty towns the effect is some what different.
America has one of the biggest national debts in the world. (UK's not much better.) After the war these other country's were 'given' money for redevelopment. when they developed enough, and America + many other needed money, it was 'loaned' back. it has no direct effect on the economy, ours is very strong.

Maybe one day there's be a load of singers getting together to sing make poverty history, wipe out the debt, and you'll be OK again.