U.S. debt

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Beijing Urges U.S. to Avoid Default

As the U.S. government begins its second week on shutdown, Beijing has urged Washington to avoid a debt crisis and protect Chinese investments. Reuters reports: China, the U.S. government’s largest creditor, is...

Biden Assures China on its U.S. Investments

Vice President Biden met with President Hu Jintao and Premier Wen Jiabao today in Beijing, and sought to reassure the Chinese government and people that their investment in the American economy was secure, the Washington Post...

Fareed Zakaria: China's Not Doing Us a Favor

For CNN, Fareed Zakaria writes that fears in the U.S. that China will stop lending to the U.S. following the debate over the debt ceiling are overblown: The economic situation between China and the U.S. is the financial version...

China's Foreign Reserves Dilemma

Chinese policymakers are faced with the challenge of diversifying their foreign currency holdings. While the U.S. is rushing to legislate the borrowing limit, China must make some tough decisions regarding its portfolio. From...

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