China Slams US on Debt Limit and Accuses Washington of Sabotage

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The criticism came from the Chinese embassy in Lusaka, Zambia, on Monday, which blasted the US over its “catastrophic debt problem” and accused it of “sabotaging” other nations’ efforts to resolve debt problems.

Noting that the Treasury has begun taking extraordinary measures to meet its obligations after the US government reached its borrowing limit, the embassy said “the biggest contribution that the US can make to the debt issues outside the country is to act on responsible monetary policies, cope with its own debt problem, and stop sabotaging other sovereign countries’ active efforts to solve their debt issues.”

The sharp words contrast with a recent easing in tensions between China and the US, which kicked off in November after the countries’ two leaders met for the first time face to face in years. They also follow talks last week between Yellen and her counterpart, Liu He, which both sides said were constructive and positive.




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