China uses US debt battle to deflect pressure on Africa debt
BEIJING (AP) — The Chinese government says the U.S. should stop pressuring it on debt relief for Zambia and get its own financial house in order to avert a default and the possible fallout on the global economy. Its embassy in Zambia responded Tuesday to remarks by U.S. Treasury Secretary Janet Yellen, who said on a visit to the African nation this week that it’s crucial to address its heavy debt burden with China. The Chinese Embassy response zeroed in on the battle between Republican lawmakers and the Democratic Biden administration over raising the U.S. debt limit to allow more borrowing to keep the government running.