China slams U.S. on debt restrict and accuses Washington of sabotage

China invoked the USA’ brinkmanship over its personal debt restrict because it hit again at Treasury Secretary Janet Yellen’s criticism of Beijing’s dealing with of debt points in growing international locations.

The criticism got here from the Chinese language Embassy in Lusaka, Zambia, on Monday, which blasted the U.S. over its “catastrophic debt downside” and accused it of “sabotaging” different nations’ efforts to resolve debt issues.

Noting that the Treasury has begun taking extraordinary measures to fulfill its obligations after the U.S. authorities reached its borrowing restrict, the embassy mentioned “the most important contribution that the U.S. could make to the debt points outdoors the nation is to behave on accountable financial insurance policies, address its personal debt downside, and cease sabotaging different sovereign international locations’ lively efforts to unravel their debt points.”

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