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Foreigners own more than $ 7 trillion in US sovereign debt, as of the end of January, and that’s 33.4% of the expected US GDP in 2020, according to Al Arabiya.net calculations.
The gross domestic product of the United States is expected to lose about $ 500.6 billion in 2020, reaching $ 20.93 trillion, according to official U.S. data.
Data from the US Treasury Department, released on Monday, showed that foreign holdings of US Treasuries rose for the second consecutive month in January.
Foreign investor holdings reached $ 7.119 trillion in January, from $ 7.07 trillion the month before.
Holdings of Japan, the largest holder of non-U.S. Treasuries, reached $ 1.276 trillion in January, from $ 1.251 trillion in December 2020.
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