October 17, 2013
China on Thursday welcomed the resolution of the US debt ceiling deadlock, saying it will contribute to global economic stability.
“The US is the largest economy in the world and the proper resolution of this issue serves not only its own interest but also world economic stability and development,” foreign ministry spokeswoman Hua Chunying told reporters in a regular press briefing.
“We welcome the progress in resolving the issue.”
Her comments came after China’s official news agency Xinhua said in a bylined commentary that US politicians had held the rest of the world hostage in the crisis.