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October 11, 2013 10:58 am

China Lectures U.S. on Debt Ceiling, Shutdown

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Benjamin Netanyahu meets with Chinese President Xi Jinping May 9, 2013. Photo: Israel GPO.

Telegraph – China has critcised the “pitiful” and self-inflicted political deadlock in America over raising the country’s borrowing limit, as premier Li Keqiang added his voice to concerns that the world’s biggest economy could default on its debt.

Mr Li told John Kerry, US secretary of state, that China was paying “great attention” to the issue of raising America’s $16.7 trillion (£10.5 trillion) debt ceiling.

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