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US Debt Debate Displays China’s Economic Fears, Ambitions

While lawmakers in Washington near the deadline that could see the United States default on its debt, the standoff has provoked stern responses from China. The warnings from officials and shrill commentaries in state-backed media have revealed how much the two countries are economically connected - for better or worse. Leaders in China can do little but worry and wait to see if the debt debate in Washington comes to a resolution before Thursday’s deadline, when the government technically ...

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