The USA financed the Republic of China in the war against the People's Republic of China.

The ROC lost and fled to Taiwan, now supposedly the USA considers the money lent to the ROC to fight the PRC, the responsibility of the PRC?

https://thehill.com/opinion/international/4075341-china-is-in-default-on-a-trillion-dollars-in-debt-to-us-bondholders-will-the-us-force-repayment/