{"id":86323,"date":"2023-05-23T17:28:56","date_gmt":"2023-05-23T17:28:56","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/all-news\/china-calls-on-us-to-not-pass-its-debt-crisis-onto-the-world"},"modified":"2023-05-23T17:56:33","modified_gmt":"2023-05-23T17:56:33","slug":"china-calls-on-us-to-not-pass-its-debt-crisis-onto-the-world","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/china-calls-on-us-to-not-pass-its-debt-crisis-onto-the-world","title":{"rendered":"China calls on US to not pass its debt crisis onto the world"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Tanzania. <\/strong><\/span>China on Tuesday called on the US to work on its debt crisis and \u201cnot pass it onto&#8221; the world.<\/p>\n<p>Mao Ning, China\u2019s Foreign Ministry spokeswoman, however, urged Washington to adopt \u201cresponsible fiscal and monetary policies,\u201d the Chinese daily Global Times reported.<\/p>\n<p>The US is faced with a looming default deadline as negotiations across the political divide in Washington continue over raising the $31.4 trillion debt ceiling, or the amount the US is legally allowed to borrow.<\/p>\n<p>US President Joe Biden and House Speaker Kevin McCarthy on Monday held a &#8220;productive&#8221; meeting at the White House to discuss the debt limit, but no agreement was reached ahead of the June 1 deadline set by the US Treasury.<\/p>\n<p>Meanwhile, Mao criticized Washington for what Beijing called an &#8220;unreasonable crackdown&#8221; on the Chinese social media app TikTok.<\/p>\n<p>Urging Washington to &#8220;respect the market economy and fair competition rules,&#8221; Mao said the US should &#8220;stop the unreasonable crackdown on foreign firms, and provide an open, fair, and non-discriminatory business environment.&#8221;<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/tanzania\">Tanzania<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Tanzania. China on Tuesday called on the US to work on its debt crisis and \u201cnot pass it onto&#8221; the world. Mao Ning, China\u2019s Foreign Ministry spokeswoman, however, urged Washington to adopt \u201cresponsible fiscal and monetary policies,\u201d the Chinese daily Global Times reported. The US is faced with a looming default deadline as [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":86322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[6990,6991,387,8484,9800,9799,9801,9500,711,8516,1529],"class_list":["post-86323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press-2","tag-africa-press-tanzania","tag-china","tag-debt-crisis","tag-fiscal-policy","tag-kevin-mccarthy","tag-mao-ning","tag-monetary-policy","tag-tanzania","tag-tiktok","tag-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>China calls on US to not pass its debt crisis onto the world - Tanzania<\/title>\n<meta name=\"description\" content=\"China on Tuesday called on the US to work on its debt crisis and \u201cnot pass it onto&quot; the world. 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