China tells U.S. to fix its own debt problems after Yellen Africa remarks

WASHINGTON, Jan 24 (Reuters) - After U.S. Treasury Secretary Janet Yellen called China a "barrier" to debt reform in Africa this week, Chinese officials in Zambia had a pointed response - get your own house in order.

The Chinese Embassy in Zambia said on its website Tuesday "the biggest contribution that the U.S. can make to the debt issues outside the country is to act on responsible monetary policies, cope with its own debt problem, and stop sabotaging other sovereign countries' active efforts to solve their debt issues."

Republicans in the House of Representatives are using a risky, unusual threat to refuse to vote in a new debt ceiling, a figure that reflects money already spent and now owed by the government, to pressure the Biden administration and Democrats to cut spending programs. So far, the...
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