Biden gives assurances on US debt

Not to worry’ US vice-president says as he urges China to buy more  CHENGDU – US Vice-President Joe Biden reassured China on Sunday that the United States would never default on its debt, and urged…

What can China do for the US’s debt?

What can China do for the US’s debt? The Senate on Tuesday overwhelmingly approved a plan to raise the federal debt limit and cut government spending, ending a bitter partisan stalemate that had threatened to…

America will almost break the debt contracts

The situation of negotiation for American debt turned bad to worse. As the reported, the negotiation between White House and the Congress broke again at July 22. Barak Obama could not hind his anger anymore…