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Public Sector Debt: China

Question for Treasury

UIN 175848, tabled on 25 March 2021

To ask the Chancellor of the Exchequer, how much and what proportion of the UK's national debt is owed to Chinese financial institutions.

Answered on

19 April 2021

Most of the Government’s debt is in the form of publicly traded bonds (‘gilts’). The most recent data release by the Office for National Statistics indicates that, at the end of 2020, overseas investors held £708 billion of gilts, a minority of the total stock of outstanding gilts (28%). These data are not broken down by country.

Answered by

Treasury