News In Brief

China wants U.S. to remain ‘responsible’ in debt talks

Kai Ryssdal Jul 14, 2011

This final note today, in which the Chinese give Washington a little talking to about the debt limit fiasco. A foreign ministry spokesman in Beijing said yesterday the Chinese government hopes the U.S. adopts responsible policies and measures to guarantee the interests of investors.

Those investors? That’d be the Chinese government. Beijing holds more than a trillion dollars in U.S. debt. We owe ’em a trillion dollars is another way to say that, and they want to make sure they get paid back.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.