China Gives Mesaured Response To Possible U.S. Default

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China is the biggest foreign holder of U.S. debt — totaling more than $1.3 trillion. Chinese media are using the American budget struggle as an implicit justification for China's system.

Source: http://www.npr.org/2013/10/16/235201878/a-view-from-asia?ft=1&f=1003
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