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China slams US 'addiction' to debt

2012-07-26 9 Dailymotion

European finance ministers have expressed confidence in the US economy, in spite of the country's credit rating being downgraded for the first time in history. <br /><br />However, China - which holds the vast majority of US debt - is far from happy. <br /><br />Leaders there have criticised what they called Washington's "addiction" to debt. <br /><br />Al Jazeera's Tom Ackerman reports.

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