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10/14/13

US Debt Ceiling: China Calls for World to Be 'De-Americanised' - by Jijo Jacob

China's official news agency has called for the creation of a "de-Americanised world", saying the destinies of people should not be left in the hands of a hypocritical nation with a dysfunctional government.

Heaping criticism and caustic ridicule on Washington, the Xinhua news agency called the US a civilian slayer, prisoner torturer and meddler in others' affairs, and said the 'Pax Americana' was a failure on all fronts.

The official news agency of China, which is seen as the pretender to the world's superpower crown, then rubbed in more salt, calling American economic pre-eminence just a seeming dominance.

"As US politicians of both political parties are still shuffling back and forth between the White House and the Capitol Hill without striking a viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanised world," the editorial said.

It asks why the self-declared protector of the world is sowing mayhem in the financial markets by failing to resolve political differences over key economic policy.

Note EU-Digest: Obviously China is worried, because if the US goes bankrupt so does China, which will see the billions the US is indebted to them go up in smoke. Unfortunately "the ball" will probably be kicked forward again by the US political establishment, but this won't solve the US's incredible debt problem, only delay it.

Read more: Debt Ceiling: China Calls for World to Be 'De-Americanised' - IBTimes UK

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