China’s official news agency on Sunday said the world should consider ‘de-Americanizing’ the international financial system, amid the continuing threat of a US default.
As a political stalemate persists over the US government’s budget and debt ceiling debate, experts warn of terrible consequences for the world economy if the US defaults.
China has previously issued repeated warnings about the danger of a US default because of the threat to Chinese investments in the US .... http://www.presstv.ir
