Viewpoint

01.26.23

What Impact Would a U.S. Debt Default Have on China?

Arthur R. Kroeber
The big political drama in Washington in the next few months will be the fight over the federal debt ceiling. The worst-case scenario is that Congress refuses to raise the ceiling and the U.S. Treasury defaults on its debt. Since U.S. treasury debt...

Seeing Its Own Money at Risk, China Rails at U.S.

Mark Landler
New York Times
China has become shrill in its criticism of the fiscal train wreck in the United States, arguing that the answer to a potential government default is to begin creating a “de-Americanized world.” 

China to United States: Don’t Default, For Our Sake

Dan Kedmey
Time
One day after Republican House Speaker John Boehner promised to “stand and fight” over the budget, Chinese officials pleaded with America’s deadlocked Congressmen to stand down, because otherwise China, the U.S.’s biggest creditor, will be...