China demands America to stabilize the international financial system

Yesterday, China called on the United States to take responsible political measures in order to maintain the stability of the international financial and economic system and protect the interests of investors.

This came in the words of a spokesman for the Chinese Foreign Ministry, during a daily press statement, in response to a question about the reducing of the “Moody’s” sovereign credit rating of the United States, due to concerns about the increase in its debts.

Moody’s has reduced the classification of the US debt, which led to its deprivation of its last ideal credit rating, and this step may shake the financial markets and raise interest rates.