Chinese state media criticised the brinkmanship in Washington over how to raise the debt limit as “dangerously irresponsible” and said the US could plunge the world into a recession that could be “much nastier” than the one that hit in 2008.
“The ugliest part of the saga is that the well-being of many other countries is also in the impact zone when the donkey and the elephant fight,” the commentary published on Xinhua, the official state news wire, said.
The article also excoriated US “debt addiction” and said it was “time for Washington to revisit the time-tested common sense that one should live within one’s means”.
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