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China Daily Website

US urged to ensure investment safety

Updated: 2013-10-08 14:38

China made its first public response to the US government shutdown on Monday.

In a statement, China's Vice Finance Minister Zhu Guangyao says the United States should take decisive steps to avoid a debt default and ensure the safety of Chinese investments.

The statement comes as Washington is fighting two big fiscal battles on the budget and debt ceiling side. The US Treasury forecasts the government will exhaust its borrowing authority by Oct 17.