China asks US to maintain stability of international financial system after Moody's downgrade

ReutersLast Updated: May 19, 2025, 01:54:00 PM IST

Synopsis

A Chinese foreign ministry spokesperson made the comments at a daily press briefing when asked about Moody's downgrade of the U.S. sovereign credit rating due to concerns about the nation's growing debt pile.

China on Monday called on the United States to take responsible policy measures to maintain the stability of the international financial and economic system and safeguard the interests of investors.

A Chinese foreign ministry spokesperson made the comments at a daily press briefing when asked about Moody's downgrade of the U.S. sovereign credit rating due to concerns about the nation's growing debt pile.