Will be interesting to see what effect of China's interests in the US should they choose to continue the shutdown.
Do I think the reserve currency looks better or worse with each passing day they choose not to do anything? I think worse.
China tells US to avoid debt crisis for sake of global economy
Do I think the reserve currency looks better or worse with each passing day they choose not to do anything? I think worse.
China tells US to avoid debt crisis for sake of global economy
A senior Chinese official has warned that the "clock is ticking" to avoid a US default that could hurt China's interests and the global economy.
China, the US's largest creditor, is "naturally concerned about developments in the US fiscal cliff", vice finance minister Zhu Guangyao said.
Washington must agree a deal to raise its borrowing limit by 17 October, or risk not being able to pay its bills.
China, the US's largest creditor, is "naturally concerned about developments in the US fiscal cliff", vice finance minister Zhu Guangyao said.
Washington must agree a deal to raise its borrowing limit by 17 October, or risk not being able to pay its bills.
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