Concerns for US financial outlook

Agency downgrades credit rating even after debt ceiling raised

BEIJING - Chinese officials and economists expressed concern about further uncertainty in the US economy despite the debt ceiling being lifted.

A bipartisan bill to raise the debt ceiling by $2.4 trillion to $16.7 trillion and cut the deficit by $2.1 trillion over a decade was signed by US President Barack Obama at the White House on Tuesday just hours before the deadline.