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

Over 100M-peso cost of #DongYanWedding shouldered by GMA Network as publicity investment!

Georgina Hernandez struggles to defend Leni Robredo's video to the United Nations

Question of bad taste in #DongYanWedding comes down to #Filipinos' sense of decency

Poor people in the Philippines seem to prefer poverty over aspiring to be not poor