Posted inBusiness

China Tells US to Avoid Debt Crisis for Sake of Global Economy

[BBC] A senior Chinese official has warned that the โ€œclock is tickingโ€ to avoid a US default that could hurt Chinaโ€™s interests and the global economy. China, the USโ€™s largest creditor, is โ€œnaturally concerned about developments in the US fiscal cliffโ€, vice finance minister Zhu Guangyao said. Washington must agree a deal to raise its […]

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