how much do we owe china
China Owns US Debt, but How Much? The Chinese do own a lot of U.S. debt -- $1.189 trillion as of October 2017. Breaking Down Ownership of US Debt. By mid-2017, the total amount of official debt owed by the federal, state and local governments was more than $19.4 trillion. That figure is expected to reach at least $20.2 trillion by the start of 2018.