Does Saudi Arabia own a huge chunk of our stock market?

[alittlelark]

How about China? My bro. says it's so......does anyone have any figures or sites where I could go to? I need to know %'s - American and foreign .

Thanks

[sadiesworld]

1. China's ownership interest is growing fast (no figures-sorry)

Saudis Arabia owns our president.

[idlisambar]

2. Here is some information

http://www.inform.umd.edu/econdata/WorkPaper/INFORUM/wp97003.pdf

It is a bit dated but most of the trends still hold. Britain and Japan are still our leading foreign investors, with OPEC nations like Saudi Arabia trailing by a lot. The one huge difference between these figures and today's is that China has emerged as a huge investor.

http://www.mindfully.org/WTO/2004/China-US-Double-Bubble23jan04.htm

Any country that runs a large trade surplus with us like China is likely to be a big investor -- they have to get rid of their extra dollars somehow.

[alittlelark]

3. Thanks for the info!

What my bro. was saying is that the oil market props up our stock market, and that the Saudi's are huuuge investors in our stock market, but not as a nation, rather - individually (royal family).