Casting Stones From a Glass House: Yellen's Comments on Zambia's Debt Restructuring Draw Criticism From Chinese Embassy – Economics Bitcoin News

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Casting Stones From a Glass House: Yellen's Comments on Zambia's Debt Restructuring Draw Criticism From Chinese Embassy – Economics Bitcoin News
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The Chinese embassy castigated Yellen's comments in response, stressing that the U.S. has a 'catastrophic debt problem.'

the issue in direct response to Yellen’s commentary and said that the U.S. needs to fix its own debt problems.

“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,” the Zambian-based officials in Lusaka wrote. The Chinese embassy in Lusaka furtherAssuming secretary Yellen’s statements about debt were correct, the best prospect of the debt issues outside the U.S. would be the U.S.

The Chinese Embassy’s criticism highlights the underlying communication issues China and the U.S. have been

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