China tells US to live within its means

"SHANGHAI - China, the largest foreign holder of United States debt, said Saturday that Washington needed to "cure its addiction to debts" and "live within its means," just hours after the rating agency Standard & Poor's downgraded America's long-term debt.
The harshly worded commentary, which was released by China's official Xinhua news agency, was Beijing's latest attempt to express its displeasure with Washington."

http://mobile.nytimes.com/2011/08/07/business/global/china-a-big-creditor-says-us-has-only-itself-to-blame.xml

Comments

Popular this week

Leni Robredo's illegal vice presidency is an important reminder to Filipinos

Leni Robredo misdeclared MERALCO stocks possibly worth 6 million pesos!

Leni Robredo peddles fake "international opinion" about Duterte government

#Filipino women lovable despite their dishonesty