BEIJING (Reuters) – China on Monday called on the United States to take responsible policy measures to maintain the stability of the international financial and economic system and safeguard the interests of investors. A Chinese foreign ministry spokesperson made the comments at a daily press briefing when asked about Moody’s downgrade of the U.S. sovereign […]
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China asks US to maintain stability of international financial system after Moody’s downgrade
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BEIJING (Reuters) – China on Monday called on the United States to take responsible policy measures to maintain the stability of the international financial and economic system and safeguard the interests of investors.
A Chinese foreign ministry spokesperson made the comments at a daily press briefing when asked about Moody’s downgrade of the U.S. sovereign credit rating due to concerns about the nation’s growing debt pile.
(Reporting by Liz Lee and Beijing Newsroom; Editing by Muralikumar Anantharaman)