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

Kitco Media
By Reuters
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Updated:
Reuters
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BEIJING, May 19 (Reuters) - 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.

Reporting by Liz Lee and Beijing Newsroom; Editing by Muralikumar Anantharaman

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