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China media criticises US on debt

Published:Friday | July 29, 2011 | 6:47 PM

China's state-run media have criticised US politicians for wrangling over debt.



The US Congress needs to agree on raising its borrowing limit by next Tuesday or it will default on its debt.



In an editorial, Xinhua news agency labelled US domestic politicians as dangerously irresponsible over the issue.



Beijing has not officially commented on the US battle to avoid a debt default.



Although most Democrats and Republicans broadly agree on raising the debt ceiling and reducing public spending, the sticking point is the length of time the higher debt limit is in place.



The Democrats want the higher ceiling to remain until after next year's presidential election, but Republicans will agree only to a short-term measure.