China losing patience with America’s default dithering
Reposted from: http://rt.com/news/china-us-debt-default/
July 31, 2011 @ 9:53 am
US-China relations have taken a knock as Beijing loses patience over Washington's inability to agree a debt-ceiling plan. As America's largest creditor, China could be left holding the bag if the US defaults on its debt at the beginning of August.
Recently the US secretary of state, Hillary Clinton, rushed to reassure Asian leaders that America's debt debate would be settled on time and no default would take place.