China accounts for around 10% of U.S. government debt.

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China is the biggest foreign holder of debt issued by U.S. government agencies.

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In other words, purchases of U.S. Treasury securities by China accounted for just over 14 percent of the new debt issued by the U.S. government during that period.

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In the past, China's insurers were required to put the majority of their investments into low-risk debt securities like government bonds.

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