Easy enough to research, isn't it.
(4-9-12) Working Class Republicans have been responsible for the rise of China and the decline of the United States is the theme of the recently aired CNBC series. They showed the quips of Chinese lame duck premier Wen Jiabao, who thanked Working Class Republicans for building up China -- which they have effectively done.
China, including its government and its people through investment pools and Chinese businesses, is now the largest purchaser of a wide variety of US assets. It isn't simply that they are the largest purchaser of US Treasury instruments and they are effectively financing the mess that George Bush left behind, but they are now the second largest buyers of US distressed and foreclosed property, while the Canadians are the first.