Fact-check · Sep 28, 2026 · Donald Trump
“China, it's 3,000,000,000,000”
TRUE
What the record shows
China's fixed asset infrastructure investment in 2024 was ¥21.5 trillion CNY, approximately $2.9-3.0 trillion USD, per China's National Bureau of Statistics.
Sources
- China’s ‘revolution’ cost investors $3 trillion. So why aren’t they running scared? | CNN Business
- Steady, Not Soaring, Chinese Investment in 2025 | American Enterprise Institute - AEI
- China's government has spent at least 3 trillion yuan ($408 ...
- U.S.-China Investment Ties: Overview | Congress.gov | Library of Congress
- $2.5 Trillion: 20 Years of China’s Global Investment and Construction | American Enterprise Institute - AEI
- Explainer | What’s the state of China’s US$3 trillion forex reserves war chest, and where is it invested? | South China Morning Post
From: President Trump Makes an Announcement, Sep. 28, 2026
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