China, the U.S.’s largest creditor abroad, urged American lawmakers opposed to raising the debt limit by tomorrow to get out of the way. Tea Party Republicans’ response: mind your own business.
The U.S. must “shoulder its responsibility” as the world’s biggest economy and holder of the main reserve currency and “take concrete measures before Oct. 17 to avoid a default,” Deputy Finance Minister Zhu Guangyao said at a briefing with reporters yesterday in Beijing in which he referred to “the attitude of the Tea Party.”
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Ian Katz and Michael Bender, Bloomberg via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/s07u4qLQbh4/
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