system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5 - Why does China own so much of the American national debt? 

Why does China own so much of the American national debt? Is it some how strategic?
gpt
They actually only hold approximately 9.5% of the US debt. Still a significant chunk and the largest of any foreign country but there's a big misconception out there that they own most of the total debt which is false.